Intertek poised to accept £10bn offer in blow to FTSE 100
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Intertek is set to accept a £10.6bn offer from Swedish private equity firm EQT, marking a significant development for the FTSE 100. The offer, which values Intertek at £60 per share, follows previous bids that were deemed to undervalue the company. The Board has agreed to allow EQT access for due diligence to facilitate a firm offer announcement. This news comes after months of uncertainty and investor clashes regarding the valuation of the company.
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