SGS, Bureau Veritas Said to Abandon $33 Billion Tie-Up Over Risk
- Deal would have created a global leader in product testing
- Range of risks stymied deal negotiations at last minute
This article is for subscribers only.
SGS SA and Bureau Veritas SA unexpectedly terminated merger talks that would have created a global leader in the product-testing sector.
Bureau Veritas, which is based in Neuilly-sur-Seine, France, and Geneva-based SGS said in separate statements Monday that their discussions have ended, without providing a reason.