Merger negotiations between two global testing industry giants failed

The two giants in the global testing industry, Switzerland's SGS Group and France's Bureau Veritas, recently announced the termination of their merger negotiations. Although the two sides were close to reaching an agreement, they failed to reach an agreement due to differences on some key issues. If the merger is successful, they will become the largest company in the history of the testing industry, with an estimated market value of more than 30 billion euros and a total number of employees of more than 180,000.