Rentokil Initial plc

RTO

GB00B082RF11

Business Support Services

Market Closed - London S.E. Other stock markets 11:35:18 2024-07-16 EDT			5-day change	1st Jan Change
457.6 ^GBX	+0.22%		-1.78%	+3.81%

07-01	UBS Upgrades Rentokil Initial to Neutral from Sell, Boosts PT	MT
07-01	Berenberg raises Centrica; UBS likes Rentokil	AN

Rentokil Initial : UK's competition watchdog asks Rentokil to sell assets to clear merger

January 25, 2019 at 02:54 am

(Reuters) - Britain's competition watchdog said on Friday pest control company Rentokil Initial Plc must sell several large supply contracts to satisfy concerns over its merger with washroom services company Cannon Hygiene.

The Competition and Markets Authority (CMA) found that the deal is likely to result in higher prices or worse service for customers seeking a single supplier of waste disposal services in the UK.

(Reporting by Noor Zainab Hussain in Bengaluru; Editing by Saumyadeb Chakrabarty)

Latest news about Rentokil Initial plc

UBS Upgrades Rentokil Initial to Neutral from Sell, Boosts PT	07-01	MT
Berenberg raises Centrica; UBS likes Rentokil	07-01	AN
Stocks called higher ahead of Thursday's election	07-01	AN
Fed's rate cut outlook dampens the mood in London	06-13
British Stocks Rise as Services Sector Keeps UK Economy Off Contraction Territory	06-12	MT
Stocks powered higher by cooler US data	06-12	AN
Trian Fund Management Amasses 'Top-10' Stake in Rentokil; Shares Rise Premarket	06-12	MT
RENTOKIL INITIAL : Activist investor pick drives Rentokil's share price	06-12
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Wednesday Ahead of US FOMC Announcement	06-12	MT
Trian Fund Management Reportedly Amasses Top-10 Stake in Rentokil; Shares Rise	06-12	MT
London up ahead of US Fed and inflation data	06-12	AN
UK interest rate cut gets closer	06-12
Nelson Peltz's Trian becomes top 10 shareholder in Rentokil	06-12	AN
Rentokil jumps; UK economy stalls in April	06-12	AN
UK Stocks-Factors to watch on June 12	06-12	RE
Activist Investor Secures 'Significant' Stake in Rentokil	06-12	MT
Trian Fund Management Discloses its Views on Rentokil Initial	06-12	CI
Rentokil Terminix Opens North American Innovation Center in Irving, TX	06-07	CI
UK's M&S taps Rightmove's Alison Dolan as finance chief	05-29	RE
Rentokil Initial plc acquired Nature One Pest Control.	04-28	CI
Corporate results bound the become the next catalyst for markets	04-23
JPMorgan Resumes Rentokil Initial Coverage with Neutral Rating	04-23	MT
ANALYST RECOMMENDATIONS : Airbnb, Alphabet, Chipotle, Intel, Rentokil...	04-23
Jefferies raises Reckitt; Learning Tech is cut	04-23	AN
Goldman Sachs Lifts Rentokil Initial PT, Affirms Neutral Rating	04-19	MT

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Company Profile

Rentokil Initial plc is one of the world's leading service providers to companies. Net sales break down by activity as follows: - distribution of sanitary hygiene, rodent and insect extermination products (72.6%): liquid soap dispensers and paper napkins, wet wipes, dry wipes, cloths, deodorizers, disinfectants, insecticides, anti-parasite agents, etc.; - provision of hygiene and wellness products and services (22.1%): deep cleaning and disinfection services, air treatment and purification, clinical waste management, design, installation and maintenance of plants and floral decorations, etc. for schools, public buildings, hotels, airports, health establishments, industrial companies, etc.; - manufacturing, sale and rental of work clothes (5.2%). The group also provides laundry services to restaurants, hotels, hospitals, and commercial organisations; - other (0.1%) Net sales break down geographically as follows: the United Kingdom (8%), the United States (48.1%), France (9.1%), Australia (4.5%), India (1.6%), Spain (1.5%) and other (27.2%).

Sector

Business Support Services

Calendar

2024-07-25 - Q2 2024 Earnings Release

Related indices

STOXX EUROPE 600 (EUR) , FTSE 100

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