Business · 13 May 2026
Intertek board backs £9.4 billion Swedish takeover
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A major UK product testing business, Intertek, is set to be acquired by a Swedish private equity firm. Intertek's board is now prepared to back a £9.4 billion offer from EQT for its shareholders. This follows the company turning down three earlier offers, and its stock climbed nearly 7% to £56.65 on Wednesday.
Reported by Guardian · How we write briefs