Intertek Inclined to Recommend EQT’s Final £9.2 Billion Offer

Intertek Group Plc is leaning toward recommending a fourth and final takeover offer from private equity firm EQT AB.

The British product-testing firm said in a statement Wednesday that it had taken the decision after significant engagement with its shareholders. EQT on Tuesday bid £60-a-share in cash, which valued the London-listed company at around £9.2 billion ($12.5 billion).