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 https://www.theguardian.com/business/nils-pratley-on-finance/2026/may/05/stock-markets-are-wobbling-but-10bn-cash-bids-at-fat-premiums-can-still-happen">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 firm offer.
https://www.theguardian.com/business/2026/may/13/lab-testing-group-intertek-to-back-takeover-by-swedish-firm-eqt">Continue reading...- Intertek poised to accept £10bn offer in blow to FTSE 100 City AM —
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- Intertek set to accept higher £9.4bn approach from Swedish bidder The Standard —