By Mauro Orru
Inspecs Group said it received two takeover proposals.
The London-listed eyewear company said it received two separate, unsolicited proposals from H2 Equity Partners and a consortium including Risk Capital Partners and entrepreneur Ian Livingstone.
Both proposals set out potential cash offers alongside the possibility of an alternative offer including unlisted securities, Inspecs said.
The company also said it received another proposal from Safilo Group to acquire eyewear supplier Eschenbach and BoDe, a distributor of optical frames and sunglasses. Inspecs controls both businesses.
Inspecs cautioned there can be no certainty an offer would be made, nor as to the terms. Shares closed more than 18% higher at 48 pence on Thursday.
H2 Equity Partners and the consortium have until 1700 GMT on Nov. 20 to either announce a firm intention to make an offer or pull out altogether.
Write to Mauro Orru at mauro.orru@wsj.com
(END) Dow Jones Newswires
October 23, 2025 12:25 ET (16:25 GMT)
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