National Grid PLC (LSE:NG.), Associated British Foods PLC (LSE:ABF) and Kingfisher PLC (LSE:KGF) are among the companies acting as a drag on the FTSE 100 on Thursday, as part of a busy batch of blue-chip stocks trading ex-dividend.
Shares in Intertek Group PLC (LSE:ITRK), the FTSE 100 quality assurance and testing group, rose 7.3% to 5,687p after the board said it would be minded to recommend a deal valuing the business at £10.6 billion. The £60 a share proposal, received on Monday, is EQT's fourth and final approach and follows rejected bids of £51.50, £54.00 and £58.00 per share.
Shares in Intertek Group PLC (LSE:ITRK), the FTSE 100 testing and certification company, rose 5% to 5,227 pence in early trading after EQT, the Swedish private equity group, submitted what it described as a final and improved indicative proposal worth up to £9.4 billion. EQT is offering £60 per share in cash, up from a third increased bid of £58 per share submitted on 5 May, which Intertek's board rejected three days later.
| Specialty Retail Industry | Consumer Discretionary Sector | Andre Pierre Joseph Lacroix CEO | XDUS Exchange | US4611301064 ISIN |
| GB Country | 45,425 Employees | 29 May 2026 Last Dividend | - Last Split | - IPO Date |
Intertek Group plc, headquartered in London, United Kingdom, is a leading global total quality assurance provider with a history dating back to 1885. The company operates internationally, including in key markets such as the United Kingdom, the United States, China, and Australia, serving a diverse range of industries with comprehensive solutions. Intertek's mission is aimed at ensuring the quality, safety, and performance of its clients' products, operations, and systems through a wide range of services that span from testing and inspection to certification and consulting. The organization is structured into five main segments: Consumer Products, Corporate Assurance, Health and Safety, Industry and Infrastructure, and World of Energy, each dedicated to catering to the specific needs and challenges of the industries it serves.
Intertek provides a broad spectrum of quality assurance, testing, inspection, and certification services (ATIC) to meet the diverse needs of its clientele. Below are some of the key services offered:
Intertek's extensive service portfolio serves a wide range of sectors including, but not limited to, consumer goods, automotive, aerospace, energy, food, healthcare, and government sectors, emphasizing its commitment to promote quality, safety, and sustainability across industries worldwide.