KKR's Spectris takeover clears regulatory hurdles in UK, Ireland, Sweden

The proposed acquisition of Spectris by KKR moved a step closer to completion on Wednesday, after receiving several key regulatory clearances.

Spectris
03 September 2025 09:29:10

Source: Sharecast

Project Aurora Bidco, the KKR-backed special purpose vehicle, and Spectris announced that authorities in the United Kingdom, Ireland, and Sweden had cleared the takeover.

The Chancellor of the Duchy of Lancaster confirmed that no further action would be taken regarding the acquisition under the UK’s National Security and Investment Act.

Additionally, foreign direct investment authorities in both Ireland and Sweden had issued decisions either granting clearance or confirming that the transaction did not require screening under their respective laws.

The companies confirmed that the approvals satisfied several conditions laid out in the Scheme Document circulated to shareholders on 29 July.

With the approvals secured, Spectris said that filing processes in other jurisdictions were progressing in line with expectations.

Subject to the satisfaction of the remaining conditions, the scheme was now expected to become effective in or before the first quarter of 2026.

At 0909 BST, shares in Spectris were up 0.3% at 4,062p.

Reporting by Josh White for Sharecast.com.

Transferring your account

Transfer your existing ISAs and Share Dealing Accounts and you could save money. In order to transfer, log in to your existing account and complete the online application form. We’ll do the rest for you. It’s free to transfer (we will not charge you). Please check your current provider to see if they have any charges for transferring.

Transfer to us

FTSE 250 ( MCX )

Isin: N/A

Exchange: London Stock Exchange

Sell:

0.00

Buy:

0.00

Change: 262.47 ( 1.23 %)

Date:

05/09/2025 - 16:54

Prices delayed by at least 15 minutes

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

View our accounts

Bank of Scotland is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.

Important legal information

Bank of Scotland Share Dealing Service is operated by Halifax Share Dealing Limited. Halifax Share Dealing Limited. Registered in England and Wales No. 3195646. Registered Office: Trinity Road, Halifax, West Yorkshire HX1 2RG. Authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN under number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.

The information contained within this website is provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd unless otherwise stated. The information is not intended to be advice or a recommendation to buy, sell or hold any of the shares, companies or investment vehicles mentioned, nor is it information meant to be a research recommendation. This is a solution powered by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd incorporating their prices, data news, charts, fundamentals and investor tools on this site. Terms and conditions apply. Prices and trades are provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd and are delayed by at least 15 minutes.

Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.