Swiss SGS and French Bureau Veritas eye $35 billion merger
SGS confirms merger talks with Bureau Veritas
Keystone-SDA
Select your language
Generated with artificial intelligence.
Listening: Swiss SGS and French Bureau Veritas eye $35 billion merger
The Swiss inspection firm SGS has confirmed talks with the French company Bureau Veritas about a possible merger. This follows a Bloomberg report stating that the two firms are in advanced talks.
This content was published on
1 minute
Keystone-SDA
Deutsch
de
SGS bestätigt Fusionsgespräche mit Bureau Veritas
Original
However, SGS announced on Wednesday that there is no guarantee the talks with their French competitor will result in a deal. The company declined to comment further.
Bloomberg reported on Tuesday evening that the deal could be announced in the coming weeks, according to a source familiar with the matter.
Bloomberg added that while the talks are at an advanced stage, they could still be delayed or fall through. Combined, the two companies would have a market value of nearly $35 billion (CHF31.9 billion).
Translated from German by DeepL/sp
This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.
If you want to know more about how we work, have a look here, and if you have feedback on this news story please write to english@swissinfo.ch.
What factors should be taken into account when inheriting Swiss citizenship abroad?
Should there be a limit to the passing on of Swiss citizenship? Or is the current practice too strict and it should still be possible to register after the age of 25?
Is your place of origin, your Heimatort, important to you?
Every Swiss citizen has a Heimatort, a place of origin, but many have never visited theirs. What’s your relationship with your Heimatort? What does it mean to you?
Swiss federal prosecutor bemoans shortage of investigators
This content was published on
The Swiss Office of the Attorney General complains of unresolved shortage of investigators that hinder its efforts to prosecute serious criminals.
ECHR condemns Swiss failure to protect woman from violence
This content was published on
Switzerland did not provide a woman with sufficient protection against her partner who had been violent in the past, rules the ECHR.
This content was published on
In Switzerland, 2.2 million people are affected by non-communicable diseases, partly because people are not eating a balanced diet.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.