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The U.K. precision-measurement company agreed to the terms of an improved cash offer from KKR valuing the target at 4.2 billion pound ($5.65 billion)--or 41.75 pounds a share--last week. On Tuesday, ...
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The Observer on MSNKKR takes lead in Spectris bidding war
Spectris is an obvious target, with an international sales profile, high R&D spend and a rocky ride on the London stock market since 2023. But where a mid-sized listed company might balk at Spectris’s ...
(Reuters) -British scientific instruments maker Spectris said on Friday it had decided against proceeding with U.S. private equity firm Advent's buyout proposal, days after backing rival suitor KKR's ...
Spectris has failed to achieve such ratings as a public company due to weaker profitability, low scale and relative ...
Spectris raised its interim dividend by 5.3% to 28 pence per share from 26.6p. Spectris on Tuesday withdrew its recommendation of a takeover offer from Advent International LP and instead backed an ...
Spectris (LON: SXS) plc, the precision measurement specialist, on Thursday reported an 8% increase in first-half sales and maintained its full-year profit guidanc ...
Precision instrumentation supplier Spectris said on Thursday that second-quarter momentum and strategic cost savings had ...
KKR has upped its offer for British scientific instruments maker Spectris to £4.8bn, regaining backing from the company over ...
Little did they know that days after they had pushed Berkshire’s class A shares to a record, Buffett would announce he ...
KKR Lifts Spectris Offer to $5.6 Billion Amid Bidding War With Advent The sweetened offer comes days after Advent improved its bid for Spectris, prompting the target to withdraw its recommendation for ...
On Friday last week, Spectris had accepted the increased offer from Advent and withdrew its recommendation of a GBP40 per share bid from KKR but switched horses again on Tuesday. The acquisition is ...
KKR ups its bid for Spectris to £4.2 billion, overtaking Advent in a fierce takeover race for the UK scientific instruments ...
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