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Embraer Shares Jump on Report of Boeing Takeover Talks: Chart

Embraer Shares Jump on Report of Boeing Takeover Talks: Chart

Embraer Shares Jump on Report of Boeing Takeover Talks: Chart

(Bloomberg) -- U.S.-listed shares of Embraer SA jumped as much as 31 percent to $26.25 after the Wall Street Journal reported that Boeing Co. has been in talks to acquire the Brazilian aircraft maker. The companies are awaiting word from the Brazilian government, which has veto power over a sale, on whether it would allow the deal to go through, the Journal said.

To contact the reporter on this story: Matt Turner in New York at mturner107@bloomberg.net.

To contact the editors responsible for this story: Sophie Caronello at scaronello@bloomberg.net, Nancy Moran

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