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UK Court Sanctions Spectris Takeover by KKR-backed Bidco

MT Newswires·12/03/2025 00:26:53
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12:26 AM EST, 12/03/2025 (MT Newswires) -- Spectris (SXS.L) said Tuesday the High Court of Justice in England and Wales sanctioned the scheme of arrangement for its takeover by KKR-backed Project Aurora Bidco. The scheme is scheduled to become effective upon the delivery of a copy of the court order to the Registrar of Companies, which is expected on Thursday. At the same time, the British scientific instruments maker's shares will be suspended from trading on the London stock exchange's main market. Spectris noted that the delisting of its shares will take place on Friday.