Intertek Agrees to £10.6bn Takeover by Swedish Private Equity Firm EQT

نظرة سريعة

Intertek, a FTSE 100 laboratory testing company, agrees to a £10.6bn takeover by EQT, a Swedish private equity firm, after rejecting three previous bids; the deal is subject to shareholder approval and preconditions.

ملخص مُنشأ بالذكاء الاصطناعي

حجم الخط

Read the full article on Guardian Business

مواضيع ذات صلة

Intertek

مواضيعEQT Wallenberg family FTSE 100 takeover

This article was originally published by Guardian Business.

أخبار ذات صلة

المزيد حول هذا الموضوعIntertek

يتطور·57 dk önce

EasyJet Board Criticized for Accepting Low Takeover Bid

EasyJet's board is criticized for accepting a £5.5bn takeover offer from Castlelake at 690p per share, seen as an undervaluation despite the premium. Analysts argue the airline has strong assets and a clear path to higher profitability, suggesting the board gave up too easily.

Guardian Business

يتطور·1 sa önce

EasyJet Board Accused of Timidity in Castlelake Takeover Bid

EasyJet's board is criticized for accepting a £5.5bn takeover bid from Castlelake at 690p per share, seen as a sign of timidity. Despite recent challenges, the airline has a clear path to increased profitability and strong assets, suggesting a higher valuation is achievable.

Guardian Business

يتطور·2 sa önce

John Lewis to close gift wrapping and foreign exchange desks, putting 200 jobs at risk

John Lewis is consulting on closing its in-store foreign exchange and gift wrapping services, potentially impacting 200 jobs. The company cites changing customer needs and online convenience, while staff express concern over increased workload and loss of customer service.

Guardian Business

يتطور·3 sa önce

Marks & Spencer Invests in Refrigeration to Withstand 45C Heat Amid Climate Crisis

Marks & Spencer is investing in refrigeration equipment capable of handling temperatures up to 45C due to the climate crisis. CEO Stuart Machin cited recent extreme heat challenges and the need to adapt to a hotter UK, alongside investments in security and fashion ranges.

Guardian UK

يتطور·8 sa önce

Bank of England Considers Easing Capital Rules Amid AI and Debt Risks

The Bank of England plans to loosen capital requirements for UK lenders, potentially benefiting major banks like NatWest and Lloyds. This move, aimed at boosting lending and competitiveness, faces internal concerns about amplifying risks from debt-fueled stock investments, particularly in AI, and increased cyber threats from AI advancements.

Guardian UK

يتطور·8 sa önce

Bank of England Considers Easing Capital Rules Amid AI and Debt Concerns

The Bank of England plans to loosen capital requirements for UK lenders, potentially benefiting major banks like NatWest and Lloyds. However, policymakers expressed concerns about AI development and debt-fueled stock investments amplifying financial stability risks.

Guardian Business

المزيد حول هذا الموضوعIntertek