Testing giants Bureau Veritas and SGS in merger talks
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 15 2025
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Source: Reuters
Merger Talks: France's Bureau Veritas and Switzerland's SGS are in discussions to merge, potentially creating a testing and certification giant valued over $30 billion, significantly larger than current competitors in the market.
Market Impact: Bureau Veritas shares rose by 6% following the news, while SGS shares fell by 6%, with analysts expressing mixed feelings about the merger due to both companies' recent strategic plans and leadership changes.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
