SHARE

Spectris backs £4.8bn KKR takeover offer, rejecting rival bid from Advent 

Spectris has agreed to a £4.8bn takeover by KKR after the private equity firm outbid rival Advent. The FTSE 250 scientific instruments maker had previously supported Advent’s offer but switched after KKR raised its bid to £41.75 per share.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.