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The sweetened offer comes days after Advent improved its bid for Spectris, prompting the target to withdraw its ...
KKR ups its bid for Spectris to £4.2 billion, overtaking Advent in a fierce takeover race for the UK scientific instruments ...
LONDON (Reuters) -British scientific instruments maker Spectris has agreed to a sweetened offer from U.S. private equity firm ...
Advent International has outbid KKR in a private equity bidding war for Spectris after the UK industrial group accepted its ...
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, ...
US private equity group’s offer nudges out rival bidder once again in race to acquire UK scientific instruments maker ...
KKR has agreed on a recommended increased cash offer for Spectris at an offer value of £41.75 per share. This values the entire issued and to be issued share capital of Spectris at around £4.2 billion ...
British scientific instruments maker Spectris SXS.L has agreed to private equity firm Advent's sweetened takeover offer worth ...
KKR first approached Spectris on June 2. It said it had no plans for large scale job cuts following the deal, saying it “does not intend to make any material reduction to the headcount or any ...
The private equity bidding war for precision instrument business Spectris has stepped up a gear after KKR submitted a fresh ...
Advent International said it increased its takeover bid for precision-measurement company Spectris to 4.2 billion pounds ($5.55 billion).
Advent’s increased offer represents a 2.5 percent increase to the KKR offer. This means the shareholders will receive an additional £1.00 per share, amounting to a total increase of £101.5 million ...