EQT Makes Fourth Final Bid for British Intertek Group

Swedish private equity firm EQT AB submitted its fourth and final acquisition bid for UK product-testing company Intertek Group Plc. Intertek investors are pressuring management to engage in deal negotiations. This M&A activity could strengthen GBP if the deal proceeds at a premium valuation. Large cross-border acquisitions typically create currency flows as Swedish krona gets converted to pounds for the transaction.