British data analytics and consulting firm GlobalData plc $DATA.L has extended the deadline for private equity firm Intermediate Capital Group’s (ICG) $ICG.L formal takeover offer until June 11, 2025. The extension follows the breakdown of negotiations with rival bidder KKR & Co. Inc. $KKR, as the companies failed to reach agreement on key terms. This development marks a critical phase in the ongoing contest for control of GlobalData, a London-based company serving sectors including healthcare, aerospace, and financial services.