South Pacific Laundry withdraws bid for Spotless Laundries
SPL withdraws request for merger clearance of proposed acquisition.
3 November, 2020Posts Tagged: Downer
Spotless settles investor class action for $95 million
Downer EDI subsidiary Spotless settles investor class action out of court.
25 May, 2020
Downer reveals ambitious emissions target
The target aligns with the 2015 Paris Agreement goals to pursue efforts to limit the temperature increase to 1.5°C by the end of the century.
1 October, 2019
Spotless Group appoints CEO
Spotless names new CEO as former chief steps down after less than 18 months.
16 October, 2018Downer lifts guidance after Spotless review
Downer completes review of the Spotless Group following $1.3 billion takeover.
27 November, 2017Downer closes Spotless offer
Downer announces controlling interest of 87.5 per cent in Spotless Group.
28 August, 2017Spotless appoints new CEO
Spotless names new CEO as takeover deadline is extended once again.
22 August, 2017Downer vies for shareholder support, extends deadline again
Three months after its initial closing date, Downer has again extended the deadline of its $1.3 billion takeover offer of Spotless.
8 August, 2017Downer secures 83pc stake in Spotless
Downer extends takeover deadline until 7 August as shareholding increases to more than 80 per cent.
27 July, 2017Spotless ‘reluctantly’ recommends shareholders accept Downer offer
Spotless advises remaining shareholders accept bid as Downer assumes control of board.
18 July, 2017Downer extends deadline for third time
Remaining shareholders given 10 day extension.
11 July, 2017Downer secures majority stake in Spotless
Spotless continues to urge remaining shareholders to reject bid.
3 July, 2017
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