Lifting Spotless' FVE To AUD 1.20 Following Release of Target Statement
We lift narrow moat-rated Spotless’ fair value estimate by 4% to AUD 1.20, following the release of Spotless’ target statement. We maintain our...
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Spotless Stains Offer Process, Issues Target Statement Without IE Report
Several days ago, Spotless Group Holdings Ltd (SPO AU) management had come out saying they intended to ask shareholders to reject the Downer EDI...
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Downer Offer for Spotless Offer Opens
Downer EDI Ltd (DOW AU) today announced the dispatch of its Bidder's Statement for Spotless Group Holdings Ltd (SPO AU) and the Offer is open. The...
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Downer Posts Revised Bidder's Statement, Spotless Adds A Contract
Yesterday, Downer EDI Ltd (DOW AU) posted a First Supplementary Bidder's Statement (marked up version) with a Replacement Bidder's Statement (the...
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Infrastructure, Mining Services, and Rail Face Lower Demand During the Next Year
Despite a highly supportive macroeconomic environment in the past decade, Downer EDI's financial results have been mixed, with strong profitability...
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