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Updated · Bloomberg · Apr 29EQT AB prepares new improved takeover offer for Intertek Group
12 articles · Updated · Bloomberg · Apr 29
- The Swedish investment firm EQT is considering a higher bid after its previous two offers were rejected by London-listed Intertek.
- EQT is currently discussing the potential value of its next proposal, aiming to address Intertek's concerns and secure a deal.
- Intertek, a major British product testing company, has so far resisted EQT's advances, highlighting ongoing interest in the UK testing sector.
Could a rival bidder emerge in the high-stakes fight for Intertek Group? Why is a $12.3 billion offer not enough for this testing giant? Can EQT's AI strategy unlock hidden value in a century-old industry? How will this takeover battle impact the booming product testing market? What happens to global product safety when private equity buys the watchdog?