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.
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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