May 25 (Reuters) - Downer Edi Ltd DOW.AX
* Refers to bidder's statement from Downer in respect of its takeover offer to acquire spotless shares for $1.15 per share
* Board believes that offer does not represent adequate value for spotless shares and, unanimously recommend shareholders reject offer Source text for Eikon: ID:nASX3g4CYg Further company coverage: DOW.AX