SURFACE

Downer gets control of Spotless

DOWNER EDI has claimed a controlling stake in takeover target Spotless Group. It now holds 57% of Spotless’ shares.

Noel Dyson
Downer has gained control of takeover target Spotless Group.

Downer has gained control of takeover target Spotless Group.

This draws a line under Downer’s three-month battle to take control of Spotless with a $1.15 a share cash bid, just three days before its latest scheduled close.  Downer had already extended its offer...

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