What was Intertek's response to EQT's buyout proposal, and what immediate market impact did it have?

Intertek rejected EQT's takeover proposal, as confirmed by EQT in its Thursday statement; this rejection led to a 12.3% surge in Intertek's share price, which spiked to as much as 49 pounds per share, valuing the company at 7.54 billion pounds ($10.21 billion).

What strategic move did Intertek announce shortly after rejecting EQT's proposal?

Intertek announced plans to explore a separation of its two businesses into standalone firms, a decision disclosed on Tuesday — the day after it rejected EQT's proposal.

UK's Intertek Rejects Private Equity EQT's Buyout Proposal

Apr 16, 2026

UK testing firm Intertek rejected a takeover offer from EQT AB, sending shares up 12.3% as it plans to explore separating its businesses into standalone firms.

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UK's Intertek Rejects Private Equity EQT's Buyout Proposal

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