Thursday 18 June 2026 10:25 am
| Updated:
Thursday 18 June 2026 10:26 am
Intertek had slapped down three previous offers from Swedish equity firm EQT
FTSE 100 giant Intertek has agreed to a £10bn takeover by Swedish buyout firm EQT, triggering the latest high-profile departure from the London Stock Exchange.The testing and assurance company said on Thursday that it has agreed to the £60 per share offer, valuing the deal at about £10.6bn.The agreement seals a long-running saga around Intertek’s future, which saw its Swedish suitor table four separate offers and kicked off a heated dispute between shareholders over the company’s direction.“This offer represents an attractive opportunity for Intertek shareholders by delivering cash certainty today, and we are confident that Intertek will continue to thrive in the industry,” Intertek chief executive André Lacroix said.More to follow.
