Intertek Group shares fall 2.70% in weaker London market

14 articles · Updated · MarketWatch · May 8

The stock closed at £49.10 on Friday as the FTSE 100 slipped 0.43% to 10,233.07.
Intertek underperformed in a broadly negative session and finished 6.83% below its 52-week high of £52.70 reached on 5 May.
Trading volume was about 1.0 million shares, above the 50-day average of 950,212, indicating relatively active dealing during the decline.

Why did Intertek reject a £58 takeover bid, and is its own plan for shareholders truly better?

Intertek's board rejected a premium offer. Will shareholder pressure now force them back to the negotiating table?