SURFACE

Downer extends Spotless offer again

DOWNER EDI has extended its $1.15 a share offer for Spotless Group to June 29 and promised to remove its defeating conditions if it gets a 50% stake in Spotless by June 19.

Noel Dyson
Downer has extended its offer for Spotless again.

Downer has extended its offer for Spotless again.

The $1.15 a share offer remains final though, unless a superior bid emerges. Downer CEO Grant Fenn said the Downer offer represented a 59% premium to the closing price of Spotless shares on March 20,...

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