Boeing Dances the Samba: Potential Takeover of Embraer Not a Surprise
Following the Airbus-Bombardier C Series tie-up, we flagged the possibility of wide-moat Boeing moving closer to Brazilian regional jet manufacturer, Embraer. Reports came out on Dec. 21 that Boeing was in talks to buy Embraer and that the deal was in a holding pattern as the two parties await the Brazilian government’s approval. Embraer shares rose more than 20% on the back of the news (trading was halted for a brief time) and the ADRs are nearing our fair value estimate of $26 per share. The r...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.