KKR Making Competing Bid for Equipment Maker Spectris
KKR KKR -1.64%decrease; red down pointing triangle is preparing a bid for Spectris, a U.K. maker of high-tech equipment and software, according to people familiar with the matter.
The private-equity giant would be bidding against rival Advent International, which submitted a proposal valuing Spectris at £37.63 per share, or about $5 billion, the company confirmed Monday.
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