UK's Intertek surges on inclination to accept EQT’s $12.7 billion takeover bid

Intertek

13/05/2026 08:18

** Shares of British product testing company Intertek ITRK.L up 7.6% at near four-and-a-half-yr high of 57 pounds

** Stock at the top of FTSE bluechip index .FTSE

** Co says it is likely to agree to a 9.4 billion pound ($12.72 billion) takeover bid by Swedish private equity firm EQT EQTAB.ST

** ITRK pauses further work on strategic review, extends deadline for EQT firm offer announcement to June 11

** ITRK up ~23% so far this year

($1 = 0.7390 pounds)

 (Reporting by Tuhina in Bengaluru)

 ((tuhina@thomsonreuters.com))