Italian Glasses Maker Safilo Eyes Acquisition of U.K.'s Inspecs

Dow Jones

11/21

By Cristina Gallardo

Italian eyewear group Safilo said Inspecs turned down two nonbinding cash offer it made for its U.K. peer's entire issued share capital, but that it remains interested in acquiring the company.

Safilo said Friday that it continues to assess its options, including the possibility of submitting a revised offer.

In late October, London-listed Inspecs said it received two separate, unsolicited proposals from H2 Equity Partners and a consortium including Risk Capital Partners and entrepreneur Ian Livingstone.

Safilo has until 1700 GMT on Dec. 18 to either announce a firm intention to make an offer or pull out altogether.

The company didn't disclose any pricing information. Inspecs shares closed Thursday at 77 pence, implying a market capitalization of 74.1 million pounds ($96.9 million). Shares are up 60% over the year to date.

Write to Cristina Gallardo at cristina.gallardo@wsj.com

(END) Dow Jones Newswires

November 21, 2025 03:13 ET (08:13 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Inspecs shares closed Thursday at 77 pence, implying a market capitalization of 74.1 million pounds ($96.9 million). 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Inspecs shares closed Thursday at 77 pence, implying a market capitalization of 74.1 million pounds ($96.9 million). Shares are up 60% over the year to date. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Cristina Gallardo at cristina.gallardo@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 21, 2025 03:13 ET (08:13 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6511","symbol_name":"醫療保健服務概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2585719000","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2585719000","pubTimestamp":1763712780,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Italian eyewear group Safilo said Inspecs turned down two nonbinding cash offer it made for its U.K. peer's entire issued share capital, but that it remains interested in acquiring the company.Safilo said Friday that it continues to assess its options, including the possibility of submitting a revised offer.In late October, London-listed Inspecs said it received two separate, unsolicited proposals from H2 Equity Partners and a consortium including Risk Capital Partners and entrepreneur Ian Livingstone.Safilo has until 1700 GMT on Dec. 18 to either announce a firm intention to make an offer or pull out altogether.The company didn't disclose any pricing information. 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Inspecs shares closed Thursday at 77 pence, implying a market capitalization of 74.1 million pounds ($96.9 million). Shares are up 60% over the year to date. \n\n\n \n\n\n  Write to Cristina Gallardo at cristina.gallardo@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 21, 2025 03:13 ET (08:13 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}