Rentokil Initial PLC

Rentokil Initial Plc engages in the provision of business support services. Its products and services protect people from the pest-borne disease and the risks of poor hygiene. It operates through the following geographical segments: France, Benelux, Germany, Southern Europe, and Latin America. The firm focuses on route-based services, predominately in pest control and hygiene as well as other smaller services including plants, medical, property care. The company was founded by Harold Maxwell-Lefroy in 1925 and is headquartered in Camberley, the United Kingdom.

Earnings data Q2 2024

Rentokil Initial Plc engages in the provision of business support services. The firm's products and services protect people from pest-borne disease and the risks of poor hygiene. It operates through the following geographical segments: North America, Europe, UK and Sub-Saharan Africa, Asia and MENAT, and Pacific. The company was founded by Harold Maxwell-Lefroy on September 24, 1924 and is headquartered in Crawley, the United Kingdom.

Terminix Global Holdings

Shares of Terminix Global Holdings Inc (NYSE: TMX) are up nearly 30% on Tuesday after Rentokil Initial plc (LON: RTO) said it will buy the pest-control company for about $6.7 billion in cash and stock. Rentokil valued Terminix at $55 a share Rentokil is paying $55 per share to acquire Terminix that represents a 47% […] The post Terminix shares jumped 30% on Tuesday morning: explained here appeared first on Invezz.

Terminix shares jumped 30% on Tuesday morning: explained here

Deal values target at a 47% premium to Friday's share price.

Terminix Stock Leaps on $6.7 Billion Pest-Control Deal

Rentokil Initial PLC RTO, -4.61% said on Tuesday that it will buy Terminix Global Holdings Inc. for $1.3 billion in cash and 643.3 million new Rentokil initial shares in a deal that values the U.S. company at $6.7 billion.

Dow Jones Newswires: Rentokil Initial to buy Terminix for $7 billion

Rentokil Initial PLC (LSE:RTO) has taken a major step to strengthen its pest control business with the acquisition of US peer Terminix for US$6.7bn in shares and cash. The deal will make Rentokil the leader in the US pest control in both the US and rest of the world, it said in a statement, with a combined turnover in 2020 of US$5.7bn (£4.3bn) and underlying profits [EBITDA] of US$1.2bn (£897m).

Rentokil snaps up US pest control peer Terminix for US$6.7bn in 'win-win-win' deal

Rentokil is a major player in the pest control and hygiene sectors. The hygiene segment was the main contributor to the higher revenue and profit in 2020, but the momentum is waning.

Rentokil Initial: A Pandemic-Resilient Business Comes At A Price

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Rentokil Initial PLC (LON:RTO) saw its Pest Control division return to organic growth in the first quarter. Ongoing revenue in the first three months of 2021 was up 12.8%, or 15.4% on a constant exchange rates (CER) basis, from a year earlier at £711.3mln.

Rentokil Initial sees Pest Control return to organic growth as it prepares for disinfection activities to taper off

Rentokil Initial plc (RTOKY) CEO Andrew Ransom on Q4 2020 Results - Earnings Call Transcript

Rentokil Initial PLC (LON:RKO) saw strong growth in demand for its hygiene services in a year that will be remembered for the coronavirus (COVID-19) pandemic. The FTSE 100 firm saw revenue rise to £2,824mln in 2020 from £2,714mln in 2019, with ongoing revenue climbing 5.0% (or 6.3% on a constant currency, or CC basis) to £2,810mln.

Rentokil Initial cleans up with its disinfection services

The pandemic continues to drive demand in the hygiene business, leading revenue growth in the latest quarter and set to continue across the year. That may stick around for a few quarters, helping sustain revenue growth.

Rentokil Initial: Doing Well But Fully Priced

Roark Capital, an Atlanta-based private equity firm focused on investing in franchised and multi-location businesses, announced today that its affiliate has acquired ServiceMaster Brands.

Roark Capital Acquires ServiceMaster Brands

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SERV #WeDeliver--ServiceMaster Global Holdings, Inc. (NYSE: SERV), a leading provider of essential services to residential and commercial customers, today announced that it has completed the sale of its ServiceMaster Brands franchise businesses to an affiliate of investment funds managed by Roark Capital Management LLC for $1.553 billion. With the completion of the sale, the Company is changing its name to Terminix Global Holdings, Inc., and its stock will begin trading Monday,

ServiceMaster Completes Sale of Franchise Business Segment for $1.553 Billion

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SERV #CSR--This week, thousands of employees from ServiceMaster Global Holdings, Inc. (NYSE: SERV), a leading provider of essential services to residential and commercial customers, will volunteer their time and energy to support community organizations across the United States as part of We Care Week 2020. This will be the seventh year ServiceMaster and its subsidiary brands have celebrated the annual signature event, but this effort will look different from past years, a

ServiceMaster and Terminix Give Back with Virtual We Care Week 2020

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SERV #divestiture--ServiceMaster Global Holdings, Inc.

ServiceMaster Global Holdings to Become Terminix Global Holdings, Change Ticker Symbol to TMX

Shares of ServiceMaster Global Holdings Inc. SERV, -1.30% were indicated up nearly 4% in premarket trading Wednesday, after the termite and pest control company said it's selling its ServiceMaster Brands franchise business for $1.55 billion to Roark Capital.

ServiceMaster to divest ServiceMaster brands business to focus on Terminix

Transaction transforms ServiceMaster Global Holdings into a pure-play, global pest control business with sharpened focus

ServiceMaster Global Holdings to Sell ServiceMaster Brands Franchise Business to Roark Capital for $1.553 Billion

ServiceMaster's (SERV) second-quarter 2020 results reflect growth in Terminix revenues.

ServiceMaster (SERV) Beats Q2 Earnings & Revenue Estimates

ServiceMaster Global Holdings, Inc. (SERV) CEO Naren Gursahaney on Q2 2020 Results - Earnings Call Transcript

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SERV #WeDeliver--ServiceMaster (NYSE: SERV) Names Brett T.

ServiceMaster Names Brett T. Ponton as Its Next Chief Executive Officer

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SERV #WeDeliver--ServiceMaster Delivers Second-Quarter 2020 Revenue Growth of 8 Percent, Net Income of $53 million, and Adjusted EBITDA of $119 million, up 15%

ServiceMaster Delivers Second-Quarter 2020 Revenue Growth of 8 Percent, Net Income of $53 million, and Adjusted EBITDA of $119 million, up 15%

MEMPHIS, Tenn.--(BUSINESS WIRE)--ServiceMaster launches new anti-microbial service, the next generation of infection prevention.

CORRECTING and REPLACING ServiceMaster Launches New Anti-Microbial Service

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SERV #NYSE--ServiceMaster Global Holdings, Inc.

ServiceMaster Global Holdings to Announce Second-Quarter 2020 Results

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SERV #backyard--To recognize National Mosquito Awareness Week (June 21-27), Terminix, a leading provider of termite and pest control services and a ServiceMaster (NYSE: SERV) company, is sharing expert knowledge to help homeowners ward off mosquitoes and the serious diseases they can potentially transmit such as West Nile Virus and St. Louis encephalitis, and globally, Zika, malaria and dengue. With travel and vacation on hold for millions across the country this summer, and ma

Terminix Uncovers Top Mosquito Myths During National Mosquito Awareness Week

ServiceMaster's (SERV) revenue streams are diversified across customers and geographies, which enable it to mitigate risks.

Here's Why You Should Hold on to ServiceMaster (SERV) Stock

The parent company of Terminix and Merry Maids supplied optimistic second-quarter guidance today.

News for Rentokil Initial PLC Stock (RTO)