EQT raises Intertek takeover offer

10 articles · Updated · Bloomberg · May 5

The private equity firm proposed £58 a share on Tuesday, valuing the British product testing company at about £8.9 billion, or roughly $12.2 billion.
The higher bid marks an escalation in EQT's pursuit of Intertek and confirms an earlier Bloomberg report that it was preparing an improved offer.
No previous related reports were provided, leaving unclear how Intertek has responded or whether rival bidders could emerge.

Is EQT's £8.9 billion bid a bet on Intertek's future as one company, or a plan to profit from its split?

As another UK giant faces a foreign takeover, what does this bid reveal about the so-called 'London discount'?

How will a private equity takeover reshape the critical global industry of product safety and certification?