April 10 (Reuters) - Australian Government Takeovers Panel :
* Spotless is currently subject of off-market takeover bid from Downer Edi Services
* Declines to conduct proceedings on off-market takeover bid from Downer Edi Services
* Panel concluded there was no reasonable prospect that it would make a declaration of unacceptable circumstances
* Following discussions Downer Edi agreed to provide additional disclosure in relation to clarifying the operation of withdrawal rights
* Downer edi to provide disclosure about clarifying operation of withdrawal rights for accepting spotless shareholders while bid is conditional Source text for Eikon: ID:nASX8RG8y6 Further company coverage: SPO.AX
(bangalore.newsroom@thomsonreuters.com)