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EQT Buys UK’s Intertek for £9.3 Billion in Latest LSE Exit
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EQT Buys UK’s Intertek for £9.3 Billion in Latest LSE Exit Intertek Group Plc agreed to a £9.3 billion ($12.3 billion) takeover bid from private equity firm EQT AB, a deal that will mean another British company leaves the London stock market. Shareholders will receive £60 a share in cash as well as the final dividend, the two firms said Thursday. EQT is leading the bid that’s also being backed by Abu Dhabi sovereign wealth funds ADIA and Mubadala.
EQT Buys UK’s Intertek for £9.3 Billion in Latest LSE Exit
Intertek Group Plc agreed to a £9.3 billion ($12.3 billion) takeover bid from private equity firm EQT AB, a deal that will mean another British company leaves the London stock market.
Shareholders will receive £60 a share in cash as well as the final dividend, the two firms said Thursday. EQT is leading the bid that’s also being backed by Abu Dhabi sovereign wealth funds ADIA and Mubadala.