Previous bids from Swedish private equity firm were rejected for ‘fundamentally undervaluing’ FTSE 100 company

Previous bids from Swedish private equity firm were rejected for ‘fundamentally undervaluing’ FTSE 100 company

This is the third offer in three weeks EQT has made for Intertek after the British company turned down an initial 51.50 pound per-share proposal.

FTSE 100 testing company said two previous bids by Swedish private equity group had undervalued its business

Listed vehicle Hg Capital Trust cut valuations of 14 of its 20 largest portfolio companies

Pendulum is swinging back to companies in areas such as servers, more general chips and software