Rentokil Initial's shares soared 12% on Monday after a media report said that former BT Group boss Philip Jansen was working on a private equity-backed takeover bid for the British pest control firm.

Rentokil Initial’s balance sheet remains in decent shape. Financial leverage—defined as net debt/EBITDA—was 2.8 times at the end of the first half of 2024, above Rentokil’s preferred range ...

Courtesy Terminix By John Klyce – Reporter, Memphis Business Journal Oct 18, 2022 Preview this article 1 min ...