India, June 19 -- Intertek Group plc (ITRK.L), a provider of quality assurance solutions, Friday announced that it has agreed to be acquired by Isotope Bidco Limited or Bidco, a newly formed special entity vehicle owned by the Swedish private equity firm EQT.
Under the terms of the acquisition, Intertek Shareholders will receive 60 pounds in cash and a final dividend of 107.7 pence per Intertek Share.
The cash consideration represents a premium of 59 percent to Intertek's share price of 37.70 pounds as on April 9 close and a 61 percent to the volume-weighted average closing price of 37.18 per Intertek share for the one-month period ending April 9.
The total cash consideration for this deal is around 9.3 billion pounds.
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