BNP Paribas Crosses Thresholds at Bureau Veritas

BNP Paribas announced that it had crossed, through its subsidiaries, the thresholds of 5% of Bureau Veritas' capital and voting rights on March 12, 2025. This move is the result of a prepaid forward purchase agreement entered into with Wendel. The group now holds 34,964,920 shares representing 7.70% of Bureau Veritas' capital and 5.99% of its voting rights.

The majority of the shares, 34,391,356, are held by BNP Paribas Financial Markets. This crossing includes shares obtained through contracts such as convertible bonds and swaps, exercisable until 2029, allowing BNP Paribas a certain flexibility in exercising their rights.

This development marks a strategic step for BNP Paribas in the capital of Bureau Veritas, thus strengthening its influence within the company.