Spectris Stock Surges 15% Amid Massive £3.8bn Bid: London Stock Exchange Faces Major Loss
Shares of Spectris plc, a FTSE 250 electronics specialist, skyrocketed roughly 15% after Advent International announced a £3.8 billion takeover offer at £37.63 per share, an 85% premium over pre-announcement levels. This sharp move on the London stock exchange underscores how impactful bid news can be in the fast-paced stock market. It also signals potential disruption…