Intertek Group PLC
ITRK: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|nwc | LOCK|$& | LOCK|d^&<GN@ |
Intertek: Raise Fair Value Estimate to Account for Likely EQT Takeover
Intertek is set to accept 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 55.00.
