The Australian Competition Authority closes investigation into the acquisition of garment laundering business after the firms withdraw from the merger (Alsco / Spotless Garments)

Alsco withdraws bid for Spotless Garments* Alsco Pty Ltd has withdrawn its request for informal merger clearance by the ACCC of its proposed acquisition of Spotless Laundries’ garment laundering business (Spotless Garments). Spotless Garments is part of Spotless Group Holdings Limited which is wholly-owned by Downer EDI Limited (ASX:DOW). Alsco and Spotless Garments

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Australian Competition Authority, The Australian Competition Authority closes investigation into the acquisition of garment laundering business after the firms withdraw from the merger (Alsco / Spotless Garments), 22 October 2020, e-Competitions October 2020, Art. N° 97415

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