UK's Intertek jumps after EQT's higher takeover proposal

Intertek

05/05/2026 08:21

** Shares of British product testing firm Intertek ITRK.L rose as much as 10% to 5,264p, highest since March 2025

** Swedish private equity firm EQT AB EQTAB.ST tables a third takeover proposal for ITRK, valuing it at 8.93 billion pounds ($12.09 billion)

** ITRK shareholders to receive 58 pounds per share

** ITRK up ~14% YTD

($1 = 0.7388 pounds)

(Reporting by Nithyashree R B in Bengaluru)

((NithyashreeRB@thomsonreuters.com))