ADRs of UK-based pest-control company Rentokil Initial (NYSE ... is now among the top 10 shareholders in the parent of the ...
It follows the £5.1billion takeover of Terminix last year, which turned Rentokil into the world's largest pest group. On Thursday Rentokil revealed it had eked out North America growth of 1.4 per ...
Pest control company Rentokil Initial plc (NYSE:RTO) continues to have difficulties with acquired US asset Terminix. The deal was closed in 2022 and nearly two years later management are still ...
In today’s update, however, it said the Terminix integration “continues to go well”, although it will reassess performance “early in the New Year”. While Rentokil’s CFO Stuart Ingall ...
with Rentokil the larger player following its $6.7 billion acquisition of Terminix in 2021. It said synergies from its integration with Terminix would be delayed by two- to three-months as it ...
I have the impression that Rentokil has been too quick to acquire companies and should have focused more on integration - with Terminix being a particularly big fish to swallow. As I noted in my ...
Terminix owner Rentokil Initial said Trian partner Brian Baldwin will take up a seat on its board of directors, starting on ...
Analysts at Peel Hunt said that “the heavy lifting phase of the branch integration of Terminix [had] only recently started” and that Rentokil must “reinvigorate sales growth at the same time”.
Ostensibly, Rentokil’s incremental investments in sales and marketing resources and Terminix employee benefits packages—to better align with the broader Rentokil group—are gaining traction.
Rentokil Initial PLC RTO shares slipped 1.92% to £3.99 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the FTSE 100 Index UKX falling 1.22% to 8,025.77.