Kohlberg Kravis Roberts & Co.'s planned 4.15 billion British Pounds takeover of industrial technology firm Spectris has received key regulatory approvals from China and Italy, moving the deal closer to completion.
In a regulatory filing, Spectris announced that China's State Administration for Market Regulation confirmed it would not conduct a further review of the acquisition.
Additionally, the foreign direct investment authority in Italy has issued a decision granting clearance under the country's laws, the company said.
The approvals are the latest in a series of necessary clearances for the deal, which was overwhelmingly approved by shareholders in late August after a bidding war with a rival private equity firm.
Spectris said that filing processes in other jurisdictions are progressing in line with expectations.
The company reiterated that it expects the transaction to become effective in or by the first quarter of 2026, subject to the satisfaction of remaining conditions.
In a separate routine filing on Tuesday, Spectris confirmed it had approximately 99.4 million total voting rights.
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