Nelson Peltz’s Trian has a stake in Rentokil. Here’s how the activist might boost shareholder value
Publishing timestamp: 2024-06-15 08:00:57
Summary
Rentokil Initial, a UK-based global provider of pest control and hygiene services, has caught the attention of activist investor Nelson Peltz and his firm Trian. Trian has a history of creating shareholder value in UK companies and may push Rentokil to shift its listing to the US, improve operating margins, and potentially divest its European business. This move could help improve the company's valuation and overall performance.
Sentiment: MIXED
Tickers: RTO-GB,
Keywords: hedge funds, business news, rentokil initial plc,
Source: https://www.cnbc.com/2024/06/15/how-peltzs-trian-may-help-enhance-shareholder-value-at-rentokil.html