UK's Spectris agrees to $5.6 billion offer from KKR as takeover battle heats up

UK scientific instruments maker Spectris SXS has agreed to a sweetened offer from U.S. firm KKR KKR valuing it at 4.2 billion pounds ($5.57 billion), it said on Tuesday, withdrawing its backing for a lower offer from rival suitor Advent.

($1 = 0.7534 pounds)