The Intertek Takeover: A Test Case for Private Equity's Growing Grip on the UK Market The news that Intertek has agreed to be acquired by Swedish private equity firm EQT marks another significant milestone in the trend of big name UK companies falling prey to foreign takeovers.
The estimated £10. 6 billion value of this deal, including debt, underscores its substantial impact and reflects a broader pattern: the increasing dominance of private equity firms on the UK market.
Intertek's decision may seem pragmatic, given the pressure from investors to sell up. However, other factors likely contributed to this outcome.