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.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BVRDF: