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Rentokil Initial PLC (RTO.L)

RTO.L on London Stock Exchange

399.50GBp
4:45pm IST
Change (% chg)

0.90 (+0.23%)
Prev Close
398.60
Open
398.90
Day's High
399.70
Day's Low
397.20
Volume
706,111
Avg. Vol
6,688,321
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403.40
52-wk Low
280.00

Latest Key Developments (Source: Significant Developments)

UK's CMA Considering Whether To Accept Undertakings From Rentokil Initial For Mitie Unit Merger
Tuesday, 21 May 2019 

May 21 (Reuters) - UK's CMA::UK'S CMA- CONSIDERING WHETHER TO ACCEPT UNDERTAKINGS FROM RENTOKIL INITIAL PLC TO ADDRESS COMPETITION CONCERNS ARISING FROM MITIE UNIT MERGER.  Full Article

UK's CMA Says Undertaking Offered By Rentokil On MPCL Deal Might Be Accepted As Remedy
Tuesday, 30 Apr 2019 

April 30 (Reuters) - :UK'S CMA SAYS ON 23 APRIL 2019, RENTOKIL INITIAL PLC OFFERED UNDERTAKINGS TO THE CMA IN RELATION TO ITS DEAL WITH MPCL LTD.UK'S CMA - CONSIDERS THERE ARE REASONABLE GROUNDS FOR BELIEVING UNDERTAKING OFFERED BY RENTOKIL MIGHT BE ACCEPTED BY CMA AS REMEDY.UK'S CMA - HAS UNTIL 27 JUNE TO DECIDE WHETHER TO ACCEPT RENTOKIL'S UNDERTAKING, WITH THE POSSIBILITY TO EXTEND TIMEFRAME TO 22 AUGUST 2019.  Full Article

UK's CMA Publishes Final Undertakings By Rentokil On Cannon Hygiene Acquisiton
Tuesday, 16 Apr 2019 

April 16 (Reuters) - UK's CMA::UK'S CMA - FINAL UNDERTAKINGS GIVEN BY RENTOKIL INITIAL PLC ON COMPLETED ACQUISITION OF CANNON HYGIENE LIMITED.UK'S CMA- REQUIRES DIVESTITURE OF CONTRACTS OF CANNON UK’S CUSTOMERS AFFECTED BY SLC TO SUITABLE PURCHASER TO ENABLE IT TO SERVICE, PERFORM CONTRACTS.UK'S CMA- DIVESTITURE COULD INVOLVE SALE OF CANNON LEGAL ENTITY TO APPROVED PURCHASER IF FRAMEWORK CONTRACTS CANNOT BE NOVATED TO APPROVED PURCHASER.UK'S CMA- RENTOKIL TO INFORM CMA WITHIN 2 DAYS, WHEN DIVESTITURE OF DIVESTITURE PACKAGE HAS HAD HEADS OF TERMS AGREED AND WHEN IT HAS BEEN COMPLETED.UK'S CMA- RENTOKIL TO INFORM IN 3 DAYS OF BEING AWARE IF IT WILL NOT OR BELIEVES UNLIKELY TO DIVEST DIVESTITURE PACKAGE WITHIN DIVESTITURE PERIOD.UK'S CMA- RENTOKIL, CANNON UK UNDERTAKE THAT UNTIL DIVESTITURE OF THE DIVESTITURE PACKAGE IS COMPLETED IT WILL PROCEED WITH BUSINESS INTEGRATION.  Full Article

UK's CMA Serves Initial Enforcement Order On Rentokil Initial Over Its Completed Acquisition Of MPCL Ltd
Friday, 12 Oct 2018 

Oct 12 (Reuters) - Rentokil Initial PLC ::UK'S CMA - SERVED INITIAL ENFORCEMENT ORDER ON RENTOKIL INITIAL, IN RELATION TO COMPLETED ACQUISITION BY RENTOKIL INITIAL PLC OF MPCL LIMITED.  Full Article

Rentokil Posts FY Adjusted Profit Before Tax Of ‍286.9​ Mln STG
Thursday, 1 Mar 2018 

March 1 (Reuters) - Rentokil Initial Plc ::TOTAL DIVIDEND 3.88 PENCEPER SHARE.FINAL DIVIDEND 2.74 PENCEPER SHARE.FY REVENUE OF ‍2,412.3​ MILLION STG VERSUS. 2,168 MILLION STG AS REPORTED A YEAR AGO.FY OPERATING PROFIT OF ‍292.4​ MILLION STG VERSUS. 284.4 MILLION STG AS REPORTED A YEAR AGO.FY ADJUSTED PROFIT BEFORE TAX OF ‍286.9​ MILLION STG VERSUS.252.1 MILLION STG AS REPORTED YEAR AGO.‍ANTICIPATED SPEND ON ACQUISITIONS IN 2018 IS ESTIMATED TO BE IN REGION OF £200M TO £250M​.‍WILL CONTINUE TO SEEK FURTHER ACQUISITION OPPORTUNITIES IN 2018 IN BOTH PEST CONTROL AND HYGIENE​.‍"CONFIDENT OF DELIVERING FURTHER PROGRESS IN 2018" - CEO​.  Full Article

Rentokil Initial agrees issue of $472m bond ​
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Rentokil Initial Plc :‍Rentokil Initial plc <<>> has agreed issue of a 400 million euro ($472.36 million) 0.95% bond due November 22 2024.​.‍Part of proceeds will be swapped into dollars in line with company's hedging strategy and will be used for general corporate purposes, including repayment of company's 200 million pound and 157 million euro term loans that were due to mature in 2018.​.  Full Article

Rentokil Initial acquires Vector Disease Acquisition, LLC
Monday, 13 Nov 2017 

Nov 13 (Reuters) - RENTOKIL INITIAL PLC ::‍ANNOUNCES THAT IS HAS ACQUIRED VECTOR DISEASE ACQUISITION, LLC​.  Full Article

Rentokil ‍says ongoing revenue up 13.7 pct in Q3
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Rentokil Initial Plc ::RENTOKIL INITIAL - ‍ONGOING REVENUE INCREASED BY 13.7% IN Q3, OF WHICH 3.7% WAS ORGANIC REVENUE 2 GROWTH (Q3 2016: 3.1%) AND 10.0% WAS FROM ACQUISITIONS.​.RENTOKIL INITIAL PLC - ‍CONTINUING STRONG PERFORMANCES IN ASIA, PACIFIC, LATIN AMERICA, AND IN OUR LARGEST MARKET, NORTH AMERICA IN Q3.​.RENTOKIL INITIAL PLC - ‍EUROPE DELIVERED A FURTHER IMPROVEMENT IN ONGOING REVENUE GROWTH IN QUARTER, WITH REVENUES IN FRANCE UP 2.4% YEAR ON YEAR.​.RENTOKIL INITIAL - ‍NUMBER OF OPERATIONS WITHIN NORTH AMERICAN, LATIN AMERICAN AND REST OF WORLD BUSINESSES WERE TEMPORARILY DISRUPTED BY SEVERE WEATHER CONDITIONS IN SEPT ​.  Full Article

Rentokil names Richard Burrows as senior independent director
Thursday, 21 Sep 2017 

Sept 21 (Reuters) - Rentokil Initial Plc ::RICHARD BURROWS HAS BEEN APPOINTED AS CHAIRMAN OF REMUNERATION COMMITTEE AND AS NEW SENIOR INDEPENDENT DIRECTOR OF COMPANY WITH IMMEDIATE EFFECT.  Full Article

Rentokil HY ‍revenue up 25 pct to 1.23 bln stg​
Thursday, 27 Jul 2017 

July 27 (Reuters) - Rentokil Initial Plc ::INTERIM DIVIDEND UP 15.2 PERCENT TO 1.14 PENCEPER SHARE.RENTOKIL INITIAL PLC - HY ‍REVENUE GBP 1,233.6 MILLION, UP 25.0%​.RENTOKIL INITIAL PLC - HY ‍ADJUSTED PROFIT BEFORE TAX GBP 126.3 MILLION, UP 28.5%​.RENTOKIL INITIAL PLC - HY ‍PROFIT BEFORE TAX GBP 592.9 MILLION, UP 637.4%​.RENTOKIL INITIAL PLC - HY ‍DIVIDEND PER SHARE 1.14P​.SAYS ‍EXPECTATIONS FOR FULL YEAR UNCHANGED​.  Full Article

UK's CMA says it may accept Rentokil's proposals on Mitie deal

April 30 Britain's competition watchdog said on Tuesday it may greenlight Rentokil Initial Plc's proposals addressing concerns on the company's already completed takeover of Mitie Group Plc's pest control arm.