Boeing confirms 'combination' talks with Brazilian regional jet maker Embraer

Boeing has held takeover talks with Brazilian aircraft maker Embraer SA to strengthen Boeing’s regional jet market presence and counter Airbus, which struck a similar deal with Canada’s Bombardier.

The Wall Street Journal reported Thursday that Boeing and Embraer have been discussing a deal involving “a relatively large premium for Embraer,” which has a market value of about $3.7 billion, citing unidentified people familiar with the matter.

The newspaper reported that the talks are on hold as…

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