EQT submits revised $12.08 billion takeover bid for Intertek
What happened
EQT submitted an improved takeover proposal for Intertek, valuing the company at $12.08 billion.
The Context
- EQT's previous bid was valued at £8.93 billion.
- The latest proposal is priced at £58 per share.
- Intertek's shares have seen a significant increase following the announcement.
Takeaway
The outcome of Intertek's review of EQT's proposal could significantly impact the company's future direction.
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