Intertek to quit FTSE 100 after agreeing £11bn EQT takeover Markets FTSE 100 giant Intertek has agreed to an £11bn takeover by Swedish buyout firm EQT, triggering the latest high-profile departure from the London Stock Exchange. The testing and assurance company said on Thursday that it has agreed to the £60 per share offer, valuing the deal at £9.5bn, or £10.9bn including debt. The agreement seals [...]
Intertek to bow to pressure on £10bn private equity takeover Markets FTSE 100 giant Intertek is poised to accept a £10bn takeover offer from a Swedish private equity firm after months of uncertainty, in what would be a huge blow to the London Stock Exchange. The testing and quality assurance firm said on Wednesday morning that it “would be minded” to recommend the latest offer from [...]
Nelson Peltz’s son calls for Intertek to engage with £10bn offer Markets Matt Peltz, the son of billionaire activist investor Nelson Peltz, has called on FTSE 100 testing firm Intertek to accept the latest £10bn offer by a Swedish private equity firm, as investors clash over whether the board should sell up. The buyout firm submitted its fourth offer on Tuesday morning, which valued shares at £60 [...]
Investors urge FTSE-100 Intertek to resist takeover pressure May 10, 2026 Major shareholders in FTSE 100 giant Intertek are urging the firm to hold its nerve as a Swedish private equity firm circles. Investors in the quality assurance and product testing business who account for close to £300m of the firm’s value told City AM it is undervalued by the latest offer, which stands at £8.9bn [...]
FTSE 100’s Intertek rejects sweetened £10bn bid from EQT May 8, 2026 Board of the testing firm unanimous is saying 5,800p price tag ‘undervalues’ the group FTSE 100 constituent Intertek has rejected the latest bid for the testing company from Swedish private equity firm EQT, saying the £10bn, 5,800p-per-share offer “significantly undervalues” the group. Friday’s rebuttal was the third consecutive knock-back, following previous cash offers at 5,150p [...]
Intertek shares rocket as Swedish private equity firm hikes bid for the company May 5, 2026 Shares in laboratory testing company Intertek rocketed in morning trading on Tuesday after Swedish private equity firm EQT launched a fresh £8.9bn bid for the company. The stock jumped 7.4 per cent to £51.61p, with shares up 13.3 per cent since the start of the year, after the Swedish firm proposed its third offer to [...]
Oxford Biomedica share prices jumps after takeover talks January 15, 2026 Oxford Biomedica’s share price has rocketed in early morning trading after Swedish private equity firm EQT entered takeover talks for the gene and cell therapy group. Shares jumped 10.65 per cent to 889 pence, with shares rocketing 121.4 per cent over the past year. The FTSE 250 company said it has received an unsolicited approach [...]
London-listed Keywords Studio receives revised cash offer from private equity giant June 28, 2024 The video game services company Keywords Studios said it would be "minded" to accept a revised cash offer from Swedish private equity giant EQT Partners if it makes an official bid.
Keywords Studios: EQT closes in on £2bn takeover June 14, 2024 Videogame developer Keywords Studios has extended a deadline for its takeover by EQT today as the private equity giant puts the final touches to a deal worth more than £2bn.
London-listed Keywords Studios receives private equity bid at 73 per cent premium May 19, 2024 Video game services company Keywords Studios has said it would be "minded" to accept a £2.2bn takeover bid from Swedish private equity giant EQT Partners if it makes a firm offer.