Inspecs Group Accepts GBP85.4 Million Takeover Offer from Bidco 1125

10:40 AM EST, 12/10/2025 (MT Newswires) -- Inspecs Group (SPEC.L) agreed to a recommended takeover offer from Bidco 1125, valuing the British eyewear company at 85.4 million pounds sterling on a fully diluted basis, according to a Wednesday filing. Bidco 1125, a special purpose vehicle established by Ian Livingstone and Luke Johnson, co-founder of private equity firm Risk Capital Partners, is offering 0.84 pound per Inspecs share in cash, reflecting a premium of 107.41% to the target company's Oct. 22 closing price. Inspecs Group's directors intend to unanimously recommend that shareholders vote in favor of the offer, which will be carried out via a court-sanctioned scheme of arrangement. The deal is expected to come into force in the first quarter of 2026, subject to meeting the necessary conditions.