DOW 0.85% $5.81 downer edi limited

News: DOW Downer EDI updates in relation to Downer Services' offer for Spotless

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    June 26 (Reuters) - Downer EDI Ltd (DOW)

    • Downer increases its stake in spotless to 42.07%
    • Spotless has confirmed that there are no superior proposals to the offer
    • Offer price of $1.15 cash per spotless share is final and will not be increased in the absence of a superior proposal
    • Spotless shareholders who accept offer will be paid within 7 business days of downer services receiving valid acceptance from shareholder
 
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