Bureau Veritas Shelved Talks With Intertek to Seek SGS Deal, FT Says, Citing Sources

Dow Jones

17 Jan

--France's Bureau Veritas ditched merger talks with U.K. peer Intertek Group to seek a possible deal with Switzerland's SGS, the Financial Times reports, citing unnamed sources.

--Bureau Veritas and Intertek held long-running talks that collapsed late last fall as Wendel--Bureau Veritas's biggest shareholder--saw greater potential in a deal with SGS, the FT reports.

--Intertek, Bureau Veritas, SGS and Wendel declined to comment, according to the FT.

Full story: https://shorturl.at/lkxoN

Write to Adria Calatayud at adria.calatayud@wsj.com

(END) Dow Jones Newswires

January 17, 2025 01:27 ET (06:27 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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