UK's Inspecs closes higher as buyout proposals roll in
RefinitivLess than 1 min read
** Shares of eyewear provider Inspecs Group SPEC jump 18.5% to close at 48 pence
** Co gets two separate buyout proposals from H2 Equity Partners and a consortium comprising Risk Capital Partners and Ian Livingstone
** Italian eyewear maker Safilo Group SFL also proposes to acquire Inspecs' Eschenbach Group and BoDe businesses
** Both H2 and consortium have until November 20 to announce a firm intention to make offer or walk away
** Stock up 5.5% YTD
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