Embraer Sells 20-Percent Stake
A consortium of four French companies has acquired a 20-percent stake in Brazilian aircraft manufacturer Embraer, outbidding a BAe/Saab joint venture. Aerospatiale Matra, Dassault Aviation, Snecma and Thomson-CSF reportedly paid around $200 million for 48.5 million common shares of Embraer, shares...
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