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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, ...
In June, a bidding war for Spectris began with an initial offer from Advent. After KKR entered the fray with its own bid, the British company's board repeatedly changed its recommendation between the ...
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 ...
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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 ...
KKR has upped its offer for British scientific instruments maker Spectris to £4.8bn, regaining backing from the company over ...
Spectris has failed to achieve such ratings as a public company due to weaker profitability, low scale and relative ...
Precision instrumentation supplier Spectris said on Thursday that second-quarter momentum and strategic cost savings had ...
The deal comes months after Advent entered exclusive negotiations to acquire Paris-based Kereis, the largest broker for housing protection insurance in France, from Bridgepoint. AI-powered software ...
There is an old saying that bull markets only end when the money runs out. Right now, however, the UK stock market is ...
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 ...
But the firm has also just announced plans alongside Nextalia to buy Tinexta, a Rome-based company operating in digital trust ...
The private-equity group on Wednesday posted net income of $319.7 million, or 87 cents a share, compared with $148.2 million, or 40 cents a share, a year earlier. The U.S. asset manager plans to take ...
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