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TAKEOVER: SPT: Spotless to acquire CE Property Services Group

9 Feb 2010 4:37 pm

SPT 09/02/2010 TAKEOVER

REL: 1637 HRS Spotless Group Limited

TAKEOVER: SPT: Spotless to acquire CE Property Services Group

Spotless Group Limited (ASX/NZSX:SPT) today announced it has signed a conditional agreement to acquire privately owned international cleaning and related services company, CE Property Services Group (widely known for the Cleanevent and CleanDomain brands). End CA:00191002 For:SPT Type:TAKEOVER Time:2010-02-09:16:37:34

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NZX 50 Index 3092.36 9.90
S&P/ASX 200 4532.70 0.00
Dow Jones Industrials 10320.10 50.60
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Comment & Analysis

OK, everybody take a deep breath. Underneath all the fog of commentary and arm-waving, a fairly simple thing has happened to South Canterbury Finance today. Its affairs are in the hands of receivers, as has happened to many a company in corporate history.  What makes it special is that it has also triggered the provisions of [...]
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