Sweden's EQT tables $12.7 billion proposal to take UK's Intertek private

EQT AB has raised its offer for Intertek to £9.4 billion ($12.74 billion) after three prior bids were rejected as too low. The sweeter proposal signals continued deal interest and could support Intertek’s valuation, though the article does not indicate whether the board will accept it.

Analysis

EQT AB has raised its offer for Intertek to £9.4 billion ($12.74 billion) after three prior bids were rejected as too low. The sweeter proposal signals continued deal interest and could support Intertek’s valuation, though the article does not indicate whether the board will accept it.