KKR wins Spectris deal with $5.6B bid, beats Advent's offer
KKR has agreed to buy UK firm Spectris for $5.6B, offering 40 pound/share-6.3% higher than rival Advent bid. Spectris board supports the deal, which values shares at 96% above June 6 levels. KKR called Spectris a high-quality asset post-streamlining. Analysts say Advent may still counter. Retail sentiment for KKR turned bullish.