Product testing heavyweight Intertek Group said Thursday that it has agreed to a £10.9 billion ($14.4 billion) cash takeover by EQT after months of courting by the Swedish private equity firm.
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FRIDAY, JUNE 19, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

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Freshfields Steers EQT's £10.9B Cash Offer For Intertek

By Najiyya Budaly

Product testing heavyweight Intertek Group said Thursday that it has agreed to a £10.9 billion ($14.4 billion) cash takeover by EQT after months of courting by the Swedish private equity firm.

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Eversheds Guides £55M Energy Market Pension Plan Buy-In

By Tom Fish

Canada Life Ltd. said Thursday that it has completed a £55 million ($73 million) pension buy-in for an energy sector retirement savings plan that covers more than 700 members.

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REIT Workspace Weighs Saba's Critical Shareholder Letter

By Tom Fish

Workspace Group PLC said Thursday that it is reviewing a proposal from activist investor Saba Capital to overhaul the REIT's boardroom and adopt a new plan centered on the sale of assets and share buybacks.

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DEALS

Milbank-Led EQT To Buy SpaceX Satellite Launch Partner

By Tom Fish

​Swedish private equity giant EQT said Thursday its fund has agreed to acquire Exolaunch from the German satellite launch services company's founder, marking its first investment in the rapidly growing space sector.

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Broking Group Investor Buys Majority Share In £9M UK Broker

By Dawood Fakhir

The Broker Investment Group has said it acquired a majority stake in Scott Blain Insurance Consultants Ltd., which has gross written premiums of around £9 million ($12 million), in its third transaction of the year.

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CAPITAL MARKETS

Brief

Minerals Explorer Raises £2.5M With Oversubscribed Placing

By Irene Madongo

Panther Metals PLC said on Thursday that it has raised £2.5 million ($3.3 million) from an oversubscribed share sale, which the minerals exploration company plans to use to back drilling work in Canada.

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EXPERT ANALYSIS

How FCA Proposal Would Change IPO Research Rules

The Financial Conduct Authority’s recent proposals for the governance of information flows in equity initial public offerings represent a recalibration rather than a wholesale deregulation of the current framework by maintaining that connected research be grounded in approved disclosure, say lawyers at Sullivan & Cromwell.

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LAW FIRMS IN TODAY'S NEWS

Advokatfirman Vinge KB

Clifford Chance

DLA Piper

Eversheds Sutherland

Freshfields

Linklaters LLP

Milbank LLP

Simpson Thacher & Bartlett

Slaughter and May

Sullivan & Cromwell

White & Case

COMPANIES IN TODAY'S NEWS

Abu Dhabi Investment Authority

Barclays PLC

Deutsche Bank AG

EQT AB

EQT Corp.

Intertek Group PLC

JPMorgan Chase & Co.

London Stock Exchange Group PLC

Morgan Stanley

Space Exploration Technologies Corp.

The Goldman Sachs Group Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

European Union

Financial Conduct Authority