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Lab testing group Intertek to back £10.6bn takeover by Swedish firm EQT
UK NewsBusiness•May 13, 2026 at 12:29 PMNational

Lab testing group Intertek to back £10.6bn takeover by Swedish firm EQT

By Julia Kollewe•The Guardian - UK News

FTSE 100 business ‘minded to recommend’ £60-a-share tilt from company owned by billionaire Wallenberg familyBusiness live – latest updatesThe 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 was a firm offer. Continue reading...

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 was a firm offer.

Continue reading...

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