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News: DOW Spotless Group updates on takeover offer from Downer

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    June 23 (Reuters) - Spotless (SPO)

    • 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%"
 
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