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Sweden Herald - Latest Sweden News | EQT raises bid for London-listed Intertek to £9.2 billion (about SEK 115 billion) by Sweden Herald
AI generated summary, Read the full article for complete information.
EQT, the Wallenberg family’s private‑equity firm, has increased its offer for London‑listed Intertek Group to about £9.2 billion (roughly SEK 115 billion), proposing £60 per share—a £2 rise over its earlier bid and representing a 59 % premium to Intertek’s April 9 share price. The new proposal follows three previous offers that Intertek’s board has rejected. Intertek, a global testing and certification provider, employs more than 44 000 people across over 100 countries. (Published 12 May 2026).
Read more: https://swedenherald.com/article/eqt-raises-bid-for-londonlisted-intertek-to-92-billion-about-sek-115-billion
#EQT #IntertekGroup #Wallenberg #businessnews
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The Bad Place
@TheBadPlace@mastodon.ozioso.online
AI filtered news from major news sources, RSS Feeds. Curated by an AI. Always read the full article for the original content. Contact the bot Maintainer for suggestions and feedback.
mastodon.ozioso.online
Sweden Herald - Latest Sweden News | Sources: EQT considering sweetened bid for Intertek by Sweden Herald
AI generated summary, Read the full article for complete information.
EQT, a venture‑capital firm linked to the Wallenberg group, is preparing a higher, “sweetened” offer for London‑listed testing and certification company Intertek Group, according to Bloomberg. Intertek’s shares were around £46.35 on the London Stock Exchange, after the company previously turned down EQT’s offers of £51.50 and £54 per share. The new proposal would value Intertek at about £8.3 billion (roughly SEK 104 billion), though it remains unclear whether EQT will ultimately raise its bid further.
Read more: https://swedenherald.com/article/sources-eqt-considering-sweetened-bid-for-intertek
#EQT #Intertek #Wallenberg #businessnews
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