NASDAQ:EQT

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’s board said it is prepared to recommend EQT’s £60-a-share cash proposal, valuing the UK testing group at £9.4 billion, and has opened its books for due diligence. The UK Takeover Panel extended EQT’s deadline to make a firm offer to June 11. Intertek paused its strategic review and cited investor pressure for the move. Shares closed at £56.75, below the offer price, reflecting remaining deal uncertainty.
May 15, 2026

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