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Business
Jun 18, 2026
Analyzed by Llama- 4 Scout 17B 16E Instruct

FTSE 100 Firm Intertek Falls to Private Equity: Implications for London's Stock Market

AI Summary
The £10bn takeover of Intertek by Swedish private equity firm EQT marks the third FTSE 100 company to be taken out this year, highlighting concerns about the lack of new listings on London's stock market.

The Intertek Takeover: A Blow to London's Stock Market

The £10bn-ish takeover of Intertek by Swedish private equity firm EQT is the latest blow to London's stock market, which has seen a dearth of new listings this year. The deal, which values Intertek at £60 per share, represents a 60% premium to the company's share price before EQT's interest.

The Event Details: Intertek's Sale to EQT

Intertek, a company operating in the product testing and quality inspection sector, has agreed to be taken over by EQT, a Swedish private equity firm. The deal is the third FTSE 100 company to be taken out this year, following Schroders and Beazley. The sale highlights the ongoing concerns about the lack of new listings on London's stock market.

The Data Analysis: A Look at the Numbers

  • £10bn: The value of the Intertek takeover
  • £60: The price per share offered by EQT
  • 60%: The premium to Intertek's share price before EQT's interest
  • 3: The number of FTSE 100 companies taken out this year

The Impact Analysis: Implications for London's Stock Market

The sale of Intertek to EQT raises concerns about the health of London's stock market, which has struggled to attract new listings this year. The market has seen a significant outflow of companies, with Doncasters, a UK engineering firm, opting to list in the US instead. This trend has sparked fears that London may lose its appeal as a hub for listings.

The Prediction: What's Next for London's Stock Market?

As London's stock market continues to grapple with the lack of new listings, brokers are cautiously optimistic about the pipeline of potential new arrivals. However, a big and buzzy new listing is desperately needed to shift the perception of London as an undervalued market where savvy private equity funds come to hunt for opportunities.