Australia's Spotless makes A$556mln offer for Programmed

SYDNEY, March 27 (Reuters) - Australian industrial services company Spotless Group Ltd (SPT.AX: Quote, Profile, Research) said on Thursday it has launched a takeover offer for Programmed Maintenance Services Ltd (PRG.AX: Quote, Profile, Research), which values Programmed at A$556 million ($510 million).

Spotless has made the offer at A$6.11 per share, a 34.6 percent premium to Programmed's last traded price. Spotless said it has a 13.2 percent relevant interest in Programmed. ($1=A$1.09) (Reporting by Denny Thomas;)