tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Spectris PLC Acquisition by KKR-Backed Bidco Progresses with Regulatory Approvals

Story Highlights
Spectris PLC Acquisition by KKR-Backed Bidco Progresses with Regulatory Approvals

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from Spectris ( (GB:SXS) ) is now available.

Spectris PLC, a company involved in precision instrumentation and controls, is set to be acquired by Project Aurora Bidco Limited, a special purpose vehicle owned by investment funds advised by Kohlberg Kravis Roberts & Co. L.P. The acquisition will proceed through a Scheme of Arrangement, with regulatory clearances obtained from authorities in the UK, Ireland, and Sweden. The transaction is expected to be completed by Q1 2026, pending the fulfillment of remaining conditions, which could impact Spectris’ market positioning and stakeholder interests.

The most recent analyst rating on (GB:SXS) stock is a Hold with a £4442.00 price target. To see the full list of analyst forecasts on Spectris stock, see the GB:SXS Stock Forecast page.

Spark’s Take on GB:SXS Stock

According to Spark, TipRanks’ AI Analyst, GB:SXS is a Neutral.

Spectris’s overall stock score is driven by positive corporate events and a stable financial performance, despite technical indicators suggesting potential overvaluation and a high P/E ratio. The acceptance of a higher acquisition offer and strong interim results are significant positives, while the technical analysis indicates caution due to overbought conditions.

To see Spark’s full report on GB:SXS stock, click here.

More about Spectris

Average Trading Volume: 912,739

Technical Sentiment Signal: Buy

Current Market Cap: £4.02B

For an in-depth examination of SXS stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1