NASDAQ:EQT 15 May 2026

Intertek (LSE: ITRK) Is 200p Short of EQT’s Bid—Why the Dividend Detail Changes the Trade
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Intertek (LSE: ITRK) Is 200p Short of EQT’s Bid—Why the Dividend Detail Changes the Trade

LONDON, June 22, 2026, 10:05 BST — Intertek Group plc shares slipped 5p, or 0.09%, to 5,800p in delayed early London trading on Monday after opening at 5,810p. The stock is moving as a merger-arbitrage instrument now, rather than primarily on a fresh earnings signal: it sits 200p below EQT’s £60-a-share cash consideration while investors price the wait for shareholder votes, court sanction and regulatory clearances. At 5,800p, Intertek was only 20p below Friday’s 52-week high of 5,820p.
June 22, 2026
Intertek Takeover: EQT’s £9.4 Billion Bid Moves Closer After Board U-Turn
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Intertek Takeover: EQT’s £9.4 Billion Bid Moves Closer After Board U-Turn

Intertek Group plc edged nearer to a takeover by Sweden’s EQT, with its board signaling it’s ready to back a final £60-a-share cash proposal. The board also agreed to open up its books for confirmatory due diligence, the final review before a buyer locks in a deal. Intertek, listed on the FTSE 100, had batted away three prior bids from EQT, sticking with plans for a strategic review that might have carved up sections of the business. Now, the UK Takeover Panel has given EQT until 5 p.m. on June 11 to put up a binding offer—or step aside.
May 15, 2026