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There’s a $34 billion deal in the works to create a testing and inspection giant

Summary by MarketWatch
Two European testing, inspection and inspection companies are in talks on a merger that would create a dominant player in the space potentially worth more than €33 billion ($34 billion).

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The year 2025 is off to a strong start for the two giants in the certification, inspection and laboratory testing sector. Just integrated into the CAC 40 index since December 20 at a price of 29.28 euros, the French Bureau Veritas and its Swiss counterpart, SGS, have acknowledged the holding of discussions around a project to combine the two groups intended to give birth to a giant in the sector twice as important. But be careful they warn at th…

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The Société Générale de Surveillance and the French Bureau Veritas want to join forces as intermediaries after 147 and 197 years respectively in global business. This also says a lot about the weakened development of world trade.

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Sky News: The Latest News from the World broke the news in on Wednesday, January 15, 2025.
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