The Geneva-based goods auditor SGS will not go ahead with a planned merger with French competitor Bureau Veritas. + Get the most important news from Switzerland in your inbox Talks between the two parties did not lead to an agreement and have been concluded, SGS announced on Monday. The company is therefore concentrating on the further implementation of its 'Strategy 27', the press release continued. The aim of the programme is to create "outstanding" added value for its own shareholders. SGS and its French competitor confirmed in mid-January that they were in talks about a possible merger. It would have been the biggest deal the goods inspection industry has ever seen. Translated from German by DeepL/mga How we work 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 ...
