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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 ...
Precision instrumentation supplier Spectris said on Thursday that second-quarter momentum and strategic cost savings had ...
Spectris has failed to achieve such ratings as a public company due to weaker profitability, low scale and relative ...
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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 ...
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 ...
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 ...
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Asianet Newsable on MSNWhy Is Sapiens Stock Soaring Over 40% Premarket?
The company’s insurance software offerings embed artificial intelligence (AI) for better processing and improved risk ...
As of 0715 GMT, the blue-chip index FTSE 100 gained 0.3% and the British pound rose 0.09% against the dollar to above 1.34.
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