05 Aug 2025 | 07:03
Spectris accepts £4.2bn KKR bid as takeover battle hots up
(Sharecast News) - The takeover battle for Spectris took another twist on Tuesday after the specialist instrument maker accepted an increased offer from KKR valuing it at £4.2bn, trumping rival private equity firm Advent.
KKR is now offering £41.75 per Spectris Share, made up of £41.47 in cash and an interim dividend of 28p each.
Reporting by Frank Prenesti for Sharecast.com