Post by Jean-Pierre Palomba-Marin

Britain's Intertek has reached an agreement to be taken private by Swedish private equity firm EQT for about £10.6 billion ($14.10 billion), including debt, a person familiar with the situation said on Thursday. Negotiation Timeline The agreement caps a months-long saga in which EQT made four offers for the testing firm, three of which were rejected on valuation grounds, before Intertek warmed up to the fund's final proposal on mounting investor pressure to strike a deal. https://lnkd.in/ePk-kkue