Highlights
Spectris LON:SXS confirms terms with an unchanged bid valuation and declared dividend
Avon Technologies LON:AVON receives a substantial MoD order for respirators destined for Ukraine
Safestay LON:SSTY posts record revenue driven by higher occupancy despite EBITDA decline
Precision instrument manufacturer Spectris (LON:SXS), listed on the FTSE 250, has announced the finalisation of its acquisition terms by private equity. The agreed valuation remains consistent with the earlier proposal made at the start of the month. The company’s board confirmed that shareholders will receive a dividend under the FTSE Dividend Yield Scan as part of the full-year distribution.
This transaction further contributes to the growing trend of UK-based industrial firms being taken private, with Spectris…
