European Dividend Heroes in Demand: Spectris Accepts £4.4 Billion Takeover Offer
💥 Two bids in one month for Dividend Heroes... the market is catching on.
The popularity of the Dividend Heroes is becoming increasingly clear — even major investors are recognizing the long-term value of our top dividend stocks. In 2025, we’re seeing a remarkable trend unfold in Europe: following an earlier takeover bid for Swedish software company Fortnox, today British precision-instrument maker Spectris has accepted a £4.4 billion acquisition offer from private equity firm Advent, rejecting a competing proposal from KKR.
This marks the largest UK takeover of the year and underscores a broader trend of foreign buyers targeting undervalued British companies. Spectris shares surged nearly 15% on the news, reaching a one-year high. Under the agreement, shareholders will receive £37.63 per share in cash, including an interim dividend of 28 pence and the full-year 2024 dividend, with no reduction to the offer price.
We’ve tracked Spectris for years due to its outstanding dividend growth record — having increased its payout for decades without interruption. That consistency earned it a well-deserved place in our Top 25 Dividend Growth Stocks in Europe for 2025.
💥 Two bids in one month for Dividend Heroes... the market is catching on.
Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions.