RIO DE JANEIRO, BRAZIL - Shares of Embraer on Tuesday, December 21, up to 16.27%, as investors react to the news that the subsidiary Eve will be listed on the New York Stock Exchange (NYSE). The transaction values the electric aircraft manufacturer at US$2.9 billion.
The transaction is positive for Embraer shareholders, since the Brazilian company will continue to control Eve with an 82% stake (direct and indirect) in the company.
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According to Bradesco BBI analysts, the . . .
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