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Downer extends $1.2b Spotless offer for seventh time

Jenny Wiggins and Simon Evans
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Downer EDI has extended its $1.2 billion takeover bid for Spotless for the seventh time as its stake in the services group gradually moves towards 90 per cent.

Downer said on Monday that it would extend the closing date of the offer until August 14, unless it is further extended.

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Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Twitter. Email Jenny at jwiggins@afr.com
Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
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    Original URL: https://www.afr.com/companies/infrastructure/downer-extends-12b-spotless-offer-for-seventh-time-20170807-gxqxik