The Spotless Mind Is Known: Â Responds "Hostile & Opportunistic" and Coltrane Goes Over 10%
As I mentioned in Downer Raids Spotless Register, Launches Hostile Takeover Offer & Rights Offer, the likely response from Spotless Group...
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A Spotless Mind?
Eleven days ago when it became apparent that Downer EDI Ltd (DOW AU) had raided the Spotless Group Holdings Ltd (SPO AU) register, Spotless did not...
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Downer Shortfall Auction Falls Short, Retail Rights Trade & An Option Opportunity
Downer EDI Ltd (DOW AU) 's A$1.011bn Entitlement Offer - announced simultaneously with its Indicative Takeover Offer for Spotless Group Holdings...
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Corporate Action: Sensible Bid for Spotless, but Don't Take up the Rights
We agree with no-moat Downer’s AUD 1.15 per share off-market cash takeover offer for Spotless Group, valuing the target at AUD 1.3 billion. The bid...
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Downer Institutional Shortfall - Poor Sentiment and Limited Synergy to Be Realised
Downer EDI Ltd (DOW AU) is looking to raise A$1,011m through an Entitlement Offer of two new shares for every five existing shares. Institutional...
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