EQT to Acquire UK Lab Testing Group Intertek for £10.6 Billion
Swedish private equity firm EQT is set to acquire the British lab testing and assurance group Intertek in a deal valued at £10.6 billion. Intertek's board is expected to back the sweetened takeover bid.
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Intertek set to agree £10.6bn takeover by private equity group EQT
Sweden-based buyout firm made ‘final’ offer of £60 a share for UK company
Read full article →Lab testing group Intertek to back £10.6bn takeover by Swedish firm EQT
FTSE 100 business ‘minded to recommend’ £60-a-share tilt from company owned by billionaire Wallenberg family The laboratory testing company Intertek has become the latest FTSE 100 business to agree to a takeover, backing a £10.6bn approach from a private equity firm owned by Sweden’s billionaire Wallenberg family. After rebuffing three previous approaches, Intertek’s board said it was “minded to recommend” the £60-a-share tilt from the Swedish buyout firm EQT to shareholders, if there is a fi...
By Julia Kollewe
Read full article →EQT's pending $14.3B Intertek takeover adds to run of UK take-privates
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