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UK's Intertek agrees $14 billion takeover by Swedish firm EQT, source says

M&A & RestructuringPrivate Markets & VentureCompany Fundamentals

Intertek has agreed to be taken private by Swedish private equity firm EQT in a deal valuing the company at about £10.6 billion ($14.10 billion) including debt. The transaction is a major M&A event and signals strong private-equity appetite for the UK-listed testing and inspection group. The announcement should be supportive for Intertek shares and notable for the broader European deal market.

Analysis

Intertek has agreed to be taken private by Swedish private equity firm EQT in a deal valuing the company at about £10.6 billion ($14.10 billion) including debt. The transaction is a major M&A event and signals strong private-equity appetite for the UK-listed testing and inspection group. The announcement should be supportive for Intertek shares and notable for the broader European deal market.

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Market Sentiment

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mildly positive

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0.45

Ticker Sentiment

EQT0.55