UK's Spectris gains after rejecting second KKR proposal

ReutersJun 16, 2025 7:17 AM

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Shares of scientific instruments maker Spectris SXS.L up 5.6% at 3,334 pence

Among top gainers on FTSE mid-cap index .FTMC which is up 0.2%

Co on Friday rejected takeover proposal from private equity (PE) firm KKR KKR.N, days after it backed a possible competing $5 billion bid from PE Advent

SXS did not provide details on KKR's proposal, first reported by the Wall Street Journal

As of last close, stock gained ~26% so far this year

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