US Edition
KKR Pips Advent with £4.7bn Offer for UK Industrial Company Spectris
- US private equity firm KKR made a £4.7 billion cash offer to acquire UK precision measurement company Spectris in July 2025.
- KKR's bid followed a prior £4.4 billion offer from rival Advent International, which Spectris had initially accepted before withdrawing support.
- KKR plans to invest capital and expertise to support organic growth and acquisitions without significant job cuts or changes to employment conditions.
- The proposal offers 3,972p per share along with a 28p interim dividend, which together amount to a 6.3% increase over Advent’s previous bid and a 96.3% rise compared to Spectris’s closing price before the takeover period.
- If shareholders approve with 75% support, the acquisition is expected to complete by Q1 2026, marking one of Britain's largest takeover deals this year.
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16 Articles
16 Articles
All
Left
2
Center
3
Right
3
Coverage Details
Total News Sources16
Leaning Left2Leaning Right3Center3Last UpdatedBias Distribution38% Center, 38% Right
Bias Distribution
- 38% of the sources are Center, 38% of the sources lean Right
38% Right
L 25%
C 38%
R 38%
Factuality
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