Published: May 12, 2026 at 3:40 pm
Shares in Intertek Group plc have jumped 7% today – the highest of any firm on the FTSE 100 – after Swedish private equity firm EQT made a fourth and final takeover bid of £9.4 billion.
The offer is made up of £9.24bn in cash, with the remainder made up by the final dividend for 2025 announced earlier this year should this be approved by shareholders at the firm’s annual general meeting on 20th May 2026.
EQT saw its third offer of almost £9bn – £58 per share in cash – rejected last week. Under public market rules, it has until Thursday to submit a firm offer for the FTSE 100 firm or walk away.