Intertek

Intertek, a FTSE 100 constituent, has rejected a sweetened £10bn bid from Swedish private equity firm EQT, citing that the offer significantly undervalues the company and its future prospects.

Summary of transaction details:

• Value: £10bn
• Sector: Industrials & Energy
• Advisor: Not disclosed
• Key Entities: Intertek, EQT
• Location: London, UK

Note: The bid rejection is part of Intertek's strategic review, which includes considering a sale or demerger of its Energy & Infrastructure division to maximize shareholder value.