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BRIEF-Spotless Group updates on takeover offer from Downer
June 23, 2017 / 1:54 AM / 5 months ago

BRIEF-Spotless Group updates on takeover offer from Downer

June 23 (Reuters) - Spotless

* Notes that downer has now terminated cash-settled equity swap entered into with ubs ag australia branch entered on 27 february 2017

* “Spotless board maintains its recommendation to shareholders to reject downer offer as inadequate and opportunistic”

* “Since going unconditional on 19 June 2017, Downer’s overall interest in Spotless shares has increased by just 4.004%” Source text for Eikon: Further company coverage:

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