MoneyAM MoneyAM
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Research   Share Price   Awards   Indices   Market Scan   Company Zone   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Stock Screener   Forward Diary   Forex Prices   Director Deals   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Videos   Comparison Tables   Spread Betting   Broker Notes   Shares Magazine 
You are NOT currently logged in

 
Filter Criteria  
Epic: Keywords: 
From: Time:  (hh:mm) RNS:  MonAM: 
To: Time:  (hh:mm)
Please Note - Streaming News is only available to subscribers to the Active Level and above
 


IN BRIEF: Spectris takeover clears regulatory hurdles in China, Italy

ALN

Spectris PLC - London-based provider of high-tech instruments, test equipment and software - Receives confirmation from the State Administration for Market Regulation of the People’s Republic of China that no further review will be conducted into its acquisition by Kohlberg Kravis Roberts & Co LP via special purpose vehicle Project Aurora Bidco Ltd. The foreign direct investment authority in Italy also grants the takeover clearance. Spectris says filing processes in other jurisdictions are progressing in line with expectations, and expects the takeover to complete in or before the first quarter of 2026.

Spectris shareholders approved the takeover by KKR at general and court meetings at the end of August. The offer of 4,175p per share values all Spectris equity at £4.2 billion and gives an enterprise value of £4.8 billion. It consists of 4,147p in cash and an interim dividend of 28p.

Current stock price: 4,086.00 pence, up 0.2% in London on Monday afternoon

12-month change: up 44%

Copyright 2025 Alliance News Ltd. All Rights Reserved.