Britain's Intertek rejects EQT's $12-billion takeover bid
08/05/2026 07:07
May 8 (Reuters) - Britain's Intertek ITRK.L rejected a sweetened 8.93 billion pound ($12.12 billion) takeover proposal from Swedish private equity firm EQT AB EQTAB.ST on Friday, saying it undervalued the product testing company and carried high execution risk. ($1 = 0.7368 pounds) (Reporting by Yamini Kalia in Bengaluru; Editing by Subhranshu Sahu) ((Yamini.Kalia@thomsonreuters.com))
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