Sweden Herald - Latest Sweden News | Sources: EQT considering sweetened bid for Intertek by Sweden Herald
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EQT, a venture‑capital firm linked to the Wallenberg group, is preparing a higher, “sweetened” offer for London‑listed testing and certification company Intertek Group, according to Bloomberg. Intertek’s shares were around £46.35 on the London Stock Exchange, after the company previously turned down EQT’s offers of £51.50 and £54 per share. The new proposal would value Intertek at about £8.3 billion (roughly SEK 104 billion), though it remains unclear whether EQT will ultimately raise its bid further.
Read more: https://swedenherald.com/article/sources-eqt-considering-sweetened-bid-for-intertek
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