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Intertek's Update Expected to Please Buyers -- Market Talk

Intertek's Update Expected to Please Buyers -- Market Talk

Dow JonesDow Jones2026/10/28 08:32

0832 GMT - Intertek's update should reassure prospective buyers EQT as they wait for regulatory approval to take the company private, RBC Capital Markets analysts Karl Green and Andrew Brooke say in a note. In common with its peers, the testing specialist reported good growth across most of its portfolio with the exception of its World of Energy division, which is suffering from R&D cuts and disruption from the Iran conflict, the analysts say. "In practice, just a footnote before the group goes off market," RBC says. Shares are down 0.1% at 5,915 pence and are up 28% year-to-date. (anthony.orunagoriainoff@dowjones.com)

(END) Dow Jones Newswires

October 28, 2026 04:32 ET (08:32 GMT)

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