News

KKR trumps Advent in Spectris takeover battle

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 the previous offer put forward by KKR.
KKR raises bid for Spectris to £4.2 billion, winning board support over Advent
KKR ups its bid for Spectris to £4.2 billion, overtaking Advent in a fierce takeover race for the UK scientific instruments firm.
KKR trumps Advent in Spectris takeover battle with £4.8bn bid
US private equity group’s offer nudges out rival bidder once again in race to acquire UK scientific instruments maker
Advent International Raises Bid for Spectris to $5.55 Billion
Advent International said it increased its takeover bid for precision-measurement company Spectris to 4.2 billion pounds ($5.55 billion).
UK's Spectris agrees sweetened KKR offer as takeover battle heats up
LONDON (Reuters) -British scientific instruments maker Spectris has agreed to a sweetened offer from U.S. private equity firm KKR valuing it at 4.8 billion pounds ($6.4 billion), it said on Tuesday, withdrawing its backing for a lower offer from rival suitor Advent.
Advent outbids KKR with £4.8bn offer for London-listed Spectris
Advent International has outbid KKR in a private equity bidding war for Spectris after the UK industrial group accepted its increased £4.8bn offer, in one of the biggest recent deals for a London-listed company.
KKR Boosts Spectris Takeover Bid To $5.6B In Buyout Battle With Advent
The KKR offer includes 41.75 pounds in cash for each share of the company, including an interim dividend of 28 pence for fiscal 2025.
TipRanks on MSN8h

First Watch announces offering of 5M shares of common stock for holders

Group announced the launch of an underwritten secondary offering by certain funds managed by Advent International of ...
Reuters2y

Advent International joins list of suitors for sandwich chain Subway ...

Advent International joins list of suitors for sandwich chain Subway - Sky News By Reuters March 13, 202310:08 AM PDTUpdated March 13, 2023 ...
Business Wire5y

Advent International Demonstrates Further Commitment to Boutique ...

Advent International (“Advent”), one of the largest and most experienced global private equity investors, today announced that it has acquired Zingfit ...
The New York Times9y

Advent International Corp - The New York Times

Advent International’s new private equity fund is thought to be the largest ever raised for Latin America, a sign of investor confidence in the region. By Vinod Sreeharsha Nov. 6, 2014 Advertisement ...
Wall Street Journal3y

Advent International Eyes Buying Opportunities With New $26 Billion ...

Advent International, one of the private-equity industry’s oldest firms, is quietly becoming one of the largest as well, thanks to a new global investment fund that pushes the firm’s assets ...
MarketWatch19y

Advent International takes majority stake in BondDesk

NEW YORK (MarketWatch) -- Advent International said Wednesday said it paid an undisclosed amount to take a majority stake in BondDesk, which runs an alternative trading system focused on odd-lot ...