Activist Palliser Builds Stake in EQT Takeover Target Intertek

Palliser Capital has amassed a stake in Intertek Group Plc, the British product-testing company that’s rejected multiple takeover offers from EQT AB, people with knowledge of the matter said.

The UK activist investor has been building its holding in London-listed Intertek as the company comes under increasing pressure to engage with its private equity suitor, the people said.