Peltz's Trian Reportedly Amasses Stake In Terminix-Owner Rentokil
Portfolio Pulse from Benzinga Newsdesk
Peltz's Trian Fund Management has reportedly acquired a stake in Rentokil, the owner of Terminix. This move could signal potential strategic changes or influence within the company.
June 11, 2024 | 8:06 pm
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Peltz's Trian Fund Management has reportedly acquired a stake in Rentokil, the owner of Terminix. This could lead to strategic changes or increased influence within the company, potentially impacting its stock price.
The acquisition of a stake by Trian Fund Management, known for its activist investments, suggests potential strategic changes or increased influence within Rentokil. This could positively impact the stock price as investors anticipate potential improvements or restructuring.
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