Intertek Group PLC
ITRK: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|YV | LOCK|%b^ | LOCK|wK!@TX! |
Intertek Set to Accept GBP 60 Bid From Private Equity Firm EQT
Intertek is set to accept the Swedish private equity firm EQT's takeover proposal of GBP 60 a share, representing a 60% premium over its April 9 closing price and a total deal value of GBP 9.2 billion. Shares have risen significantly, with Intertek now trading at GBP 56.35.
