EQT (EQT SS) has reportedly made an improved offer for Intertek (ITRK LN) worth GBP 9.7bln, FT reports citing sources; offer is approx. GBP 54/shr, representing a 5% increase from the prior offer

Context

EQT Corp's improved bid for Intertek at GBP 54 per share indicates a strategic move to enhance their foothold in the consulting services sector. This 5% increase suggests confidence in Intertek's value amidst competition for assets in energy and professional services, and may signal further consolidation in these sectors, potentially affecting other players and market dynamics.

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