KKR agrees to buy Spectris in $6.5 billion deal, tops Advent offer
ReutersJul 2, 2025 6:17 AM
July 2 (Reuters) - Britain's Spectris SXS.L has accepted an improved takeover offer from U.S. private equity firm KKR KKR.N, valuing the scientific instruments maker at about 4.7 billion pounds ($6.46 billion), including debt, the companies said on Wednesday.
Spectris said its board has decided to withdraw its recommendation of Advent's 4.4-billion-pound offer in favour of the higher bid from KKR.
($1 = 0.7281 pounds)
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