#Intertek

Canada’s Intact Financial Corp is said to be exploring offer, as London-listed Tate & Lyle attracts US suitor

FTSE 100 business ‘minded to recommend’ £60-a-share tilt from company owned by billionaire Wallenberg family

Intertek Group Plc is leaning toward recommending a fourth and final takeover offer from private equity firm EQT AB.

EQT AB has made a fourth and final bid to acquire Intertek Group Plc as the British product-testing company comes under increasing pressure from its investors to pursue a deal.

EQT AB raised its takeover offer for Intertek Group Plc as the private equity firm seeks to overcome repeated rejections from the UK product testing business.

The laboratory testing firm said the bid proposal from EQT ‘significantly undervalues Intertek and its future prospects’.

A Swedish firm’s pursuit of the product testing company Intertek suggests investors’ price expectations are yet to be shifted by the Iran war

From Independent RSS Feed: EQT launches upped £8.9 billion takeover offer for Intertek

EQT AB raised its offer for Intertek Group Plc to roughly £8.9 billion ($12.1 billion) as it ramps up its efforts to acquire the British product-testing company.