AVIATION INDUSTRY

Brazil studying if Boeing-Embraer deal is in its ‘ideal form’

Brazil national security adviser Augusto Heleno said on Monday that the government is studying whether the deal between planemakers Embraer (EMBR3.SA) and Boeing (BA.N) is in its “ideal form” or in need of changes.

Embraer in December agreed to sell 80 percent of its commercial aviation business to Boeing for $4.2 billion. The deal requires the government’s blessing to go forward.

Heleno, speaking to reporters at a press conference, added that the government was not “thinking of interrupting negotiations.” He said the government wants a deal that will be “the best possible for the country”…

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