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KKR Lifts Spectris Offer to $5.6 Billion

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
UK's Spectris ditches KKR in favour of Advent's sweetened $6.4 billion offer
British scientific instruments maker Spectris SXS.L has agreed to private equity firm Advent's sweetened takeover offer worth 4.8 billion pounds ($6.38 billion), including debt, as the battle for Britain's biggest takeover target of the year heats up.
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.
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.
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