DOW 0.85% $5.81 downer edi limited

News: DOW Spotless Group responds to announcement from Downer EDI

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    March 21 (Reuters) - Spotless Group Holdings Ltd (SPO) :

    • Notes announcement from downer edi regarding its 19.9% interest in spotless and its unsolicited conditional takeover offer for spotless at $1.15 per share
    • Board of spotless advises shareholders to take no action in respect of Downer's takeover offer.
    • "No change in spotless' earnings guidance provided in february 2017"
    • Spotless has engaged Citi as its financial adviser and Gilbert + Tobin as its legal adviser in relation to proposal
 
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