SGS, Bureau Veritas in talks to combine, Bloomberg says

Geneva-based SGS SA (SGSOY) and France’s Bureau Veritas (BVRDF) are in advanced talks to combine, people with knowledge of the matter told Bloomberg’s Vinicy Chan, Aaron Kirchfeld and Dinesh Nair. A deal that would create a European testing and certification company with a combined market value of almost $35B could be announced in the coming weeks, the report said.