EQT Wants to Buy Intertek

May 5, 2026, 17:26
EuropeFinance

Introduction

A Swedish company called EQT wants to buy a company called Intertek. This is their third try in three weeks.

Main Body

EQT offered about Β£8.93 billion. They want to pay 58 pence for each share. This is more money than their first two offers. Intertek is thinking about a different plan. They might split their company into two smaller parts. They think this will make more money for their owners. EQT also likes the company for a similar reason. They want to keep the consumer part and sell the energy part. Other big companies in the UK are also changing. Some prices are going down, but many companies still make money from other countries.

Conclusion

Intertek did not answer the offer yet. They are deciding if they want the cash or their own plan.

Learning

🧩 The 'Changing' Word

In the text, we see words that describe things moving from one state to another. This is a key A2 skill: describing change.

1. Action β†’ Result

  • Split (1 big piece β†’\rightarrow 2 small pieces)
  • Buy (Pay money β†’\rightarrow own the company)
  • Change (Old way β†’\rightarrow new way)

2. Direction of Money

  • Going down β†˜\searrow (Prices are lower)
  • More money β†—\nearrow (The offer is higher)

3. The 'Decision' Logic When people have a choice, we use: Deciding if... β†’\rightarrow Example: "They are deciding if they want the cash."

Quick Vocabulary Tip: Offer = I give you a price. $ Answer = You tell me yes or no.

Vocabulary Learning

company (n.)
a business organization that sells goods or services
Example:She works for a large company in the city.
share (n.)
a part of a company that people can own
Example:He bought a share in the new startup.
money (n.)
the thing people use to buy goods and services
Example:She needs more money to pay for her tuition.
plan (n.)
an idea or program for doing something
Example:They made a plan to improve the company's sales.
cash (n.)
money that is in the form of coins and notes
Example:He prefers to pay with cash instead of a card.