Downer to mop up Spotless

DOWNER EDI secured a controlling stake in facilities management concern Spotless by the slimmest of margins yesterday, and after a hard fought three-month battle and will now seek to exercise control at board level, with the offer window extended from two days to two more weeks.

 Downer to mop up Spotless  Downer to mop up Spotless  Downer to mop up Spotless  Downer to mop up Spotless  Downer to mop up Spotless
Spotless' board "noted" Downer's 50.3% shareholding yesterday and said it would engage with new majority shareholder in relation to the composition of the board.