FTSE 100 business ‘minded to recommend’ £60-a-share tilt from company owned by billionaire Wallenberg family
The laboratory testing company Intertek has become the latest FTSE 100 business to agree to a takeover, backing a £10.6bn approach from a private equity firm owned by Sweden’s billionaire Wallenberg family.
After rebuffing three previous approaches, Intertek’s board said it was “minded to recommend” the £60-a-share tilt from the Swedish buyout firm EQT to shareholders, if there is a firm offer.
Continue reading…
Source link : https://www.theguardian.com/business/2026/may/13/lab-testing-group-intertek-to-back-takeover-by-swedish-firm-eqt
Author : Julia Kollewe
Publish date : 2026-05-13 11:29:00
Copyright for syndicated content belongs to the linked Source.
