Published: May 8, 2026 at 8:10 am
Intertek Group plc has rejected a third offer of almost £9 billion from Swedish private equity firm EQT.
EQT’s offer, for £58 per share in cash, was revealed earlier this week and followed the rejection of previous proposals of £51.50 and £54 per share.
London-headquartered Intertek operates a network of more than 1,000 laboratories and offices in more than 100 countries.
Intertek is evaluating the potential separation – either through a sale or demerger – of its energy & infrastructure business from its testing & assurance business.