KKR said to bid to acquire instrument maker Spectris - Breaking The News

KKR said to bid to acquire instrument maker Spectris

13 June

1 min read

EPA/ANDY RAIN

KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is seeking to acquire the high-technology precision instrumentation and control supplier Spectris PLC for about $5 billion, The Wall Street Journal (WSJ) reported on Friday.

The private equity investor proposed a bid worth £37.63 per share, or a total of approximately £3.9 billion.

KKR's reported bid came after the one presented by its rival Advent International Corporation.

mergers and acquisitions kkr

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