Spotless announces initial public offer

Spotless Group Holdings Limited, a leading provider of outsourced facility services in Australia and New Zealand, today announces an offer of new and existing shares at an offer price of between $1.60 and $1.85 to raise approximately $1 billion through an initial public offering (IPO). The bookbuild is scheduled to take place on 20 and 21 May 2014 and will determine the final price.

Click here to read the full announcement.