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Top News In Spotless Laundries Today - Breaking & Trending Today

Downer EDI ready to take Spotless Laundries out of the wash

Downer EDI ready to take Spotless Laundries out of the wash
afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.

Mario Borg , Peter Tompkins , Downer Edi , Linen Services Australia , Spotless Laundries ,

Adamantem seeking to raise about $350m for ESG fund

Adamantem Capital is seeking to raise $350 million for a new fund to invest in a sector that co-founder Rob Koczkar says is overlooked by most PE players because of its uncertainty. ....

Rajiv Viswanathan , Natasha Morris , New Zealand Based , Spotless Laundries , Climate Friendly ,

PE firm Adamantem Capital to nourish Nak Hair in $90m deal

Private equity shop Adamantem Capital is getting into the fast-growing world of vegan friendly beauty products. ....

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Bids land for Downer's $200m mining services arm


Bids land for Downer’s $200m mining services arm
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Downer Group has received offers for its up-for-sale Open Cut Mining East arm. 
Street Talk understands bids for the $3.8 billion company’s Open Cut Mining East division have started flowing in, with offers around the $200 million mark.
The Macquarie Capital-run auction is understood to be shaping as a three-horse race between Mark Rowsthorn’s Rivet Group, Indian player AvidSys and Indonesian mining contractor Buma.
Sources reckoned the international players had their noses in front, however Rivet hasn’t given up and would be pitching its Australian credentials to Open Cut Mining East’s customers. ....

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Downer shops $244.4m yearly hospitality contracts to rivals


Downer shops $244.4m yearly hospitality contracts to rivals
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ASX-listed Downer Group is cooking up a deal to exit the hospitality sector.
Street Talk can reveal Downer has started shopping a bucket of 210 hospitality sector contracts in its Spotless Group arm to rival services companies, pitching it as a “low concentration portfolio” across Australia and New Zealand.
Downer’s contract to provide catering services at Sydney’s Taronga Zoo is included in a portfolio of up-for-grabs contracts.  
Kate Geraghty
Downer said the up-for-grabs portfolio was likely to produce $244.4 million revenue and $27.2 million EBITDA in the upcoming financial year, and included venues and stadia (such as Melbourne Town Hall, Virgin Australia Lounges), educational facilities (Taronga Zoo and school lunches in NZ) and corporate sites. ....

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