Free Trial

Rentokil (RTOLN; BBB/BBB S) Activist stake

CONSUMER CYCLICALS
  • Equities bid on Nelson Peltz's activist fund Trian Partners increasing its stake in the co, Bloomberg reporting "a top 10 shareholder" now (should leave it ~2% stake).
  • No firm view on the co, better value in services on Pluxee (NR/BBB+) (28s a cheap view) and/or Securitas (NR/BBB).

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.