Sources: EQT considering sweetened bid for Intertek

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Sources: EQT considering sweetened bid for Intertek
Photo: Amir Nabizadeh/TT

Testing and certification company Intertek, whose shares were trading around £46.35 on Wednesday on the London Stock Exchange, has previously rejected offers of £51.50 and £54 per share from EQT.

The increased bid values Intertek at £8.3 billion, equivalent to SEK 104 billion.

An evaluation is underway, and it is not certain that EQT will proceed with a higher bid, according to the sources.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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