M&A

Intertek rejects EQT's sweetened £8.9bn offer, shares slide

By Frank Prenesti

Date: Friday 08 May 2026

(Sharecast News) - Intertek on Friday rejected Swedish private equity group EQT's sweetened £8.93bn offer saying it "significantly undervalues" the company, adding that it was still committed to a spinoff or demerger of its energy & infrastructure division.
The testing, inspection and certification services provider said the latest £58-a-share cash offer...

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