LSE:ITK 13 May 2026 - 10 June 2026

Intertek shares climb as EQT’s £60 bid deadline keeps takeover premium in focus
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Intertek shares climb as EQT’s £60 bid deadline keeps takeover premium in focus

Intertek shares rose 0.71% to 5,705p in London by midday Tuesday, as investors watched for a possible £60-per-share cash offer from EQT. The UK Takeover Panel set a deadline of 5 p.m. on June 18 for EQT to make a firm bid or withdraw. Banks are reportedly preparing about £5 billion in debt financing for the deal. The stock remains about 5% below the proposed offer price.
June 16, 2026
Intertek Stock Nears Decision Day as EQT’s £60 Bid Deadline Keeps Shares Below Offer Price
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Intertek Stock Nears Decision Day as EQT’s £60 Bid Deadline Keeps Shares Below Offer Price

Intertek shares traded at 5,510p on Wednesday afternoon, about 8% below EQT’s £60-a-share cash proposal. EQT faces a “put up or shut up” deadline of 17:00 BST on June 11 to announce a firm offer or walk away. Regulatory filings showed only standard takeover-period disclosures, not a binding bid. Intertek’s board has signaled support for the terms if a formal offer is made.
June 10, 2026
Intertek’s EQT Rally Turns a Slow Valuation Argument Into Deal Math
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Intertek’s EQT Rally Turns a Slow Valuation Argument Into Deal Math

Intertek shares jumped 6.9% to 5,665p after the board said it would be minded to recommend EQT’s £60-a-share cash proposal, pending due diligence. The offer, including a possible 107.7p dividend, values Intertek at about £9.4 billion. Shares remained below the offer price, reflecting deal uncertainty. Intertek paused its break-up review as EQT conducts due diligence ahead of a June 11 deadline.
May 13, 2026