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Spotless Group

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Workers at Downer's Newport workshop, where high-capacity trains will be built.

Downer in $400m equity raising and corporate overhaul

ASX-listed Downer has unveiled a corporate overhaul including a $400 million equity raising and signalled it is likely to exit from capital-intensive businesses like mining and laundry.

  • Darren Gray

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Full time and part time workers in contract industries like cleaning will be entitled to redundancy payments under a court ruling.

Court finds cleaning giant must pay redundancies to out-of-work employees

Cleaning giant Spotless argued it shouldn't have to pay redundancies when it lost large contracts, but the Federal Court disagreed.

  • Nick Bonyhady
Spotless chief executive Martin Sheppard is confident the worst is behind the company.

Spotless still open for more deals despite suffering acquisition 'indigestion'

Cleaning and catering giant Spotless is not turning its back on acquisitions despite suffering "indigestion" after it completed a flurry of deals last year.

  • Jared Lynch

Original URL: https://www.theage.com.au/topic/spo-1g9