Ashurst advises on £9.3 billion recommended takeover of Intertek Group 

Global law firm Ashurst is advising Morgan Stanley & Co. International plc on the £9.3 billion recommended offer by Isotope Bidco Limited to acquire the entire issued, and to be issued, share capital of Intertek Group plc. Under the terms of the acquisition, Intertek shareholders will be entitled to receive £61.077 in cash per share, comprised of cash consideration of £60.00 in cash and a dividend of 107.7 pence per share in respect of the 2025 financial year. It is intended that the acquisition will be implemented by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006.

The Ashurst team is being led by corporate partner Karen Davies, supported by senior associates Maria McAlister and Colin Bugler, associates Gareth Mair, Sylvia Lloyd-Morris, Emilia Howard and Charlie Devonshire. The wider team also includes global loans partner Tim Rennie and senior associate Greg Scott.