Activist Investor Nelson Peltz Takes 'Significant Stake' in Rentokil
Rentokil(RTO) Investopedia·2024-06-12 20:50
Peltz's Plans for Rentokil Unclear TradingView Activist investor Nelson Peltz's Trian Partners took what it called a "significant stake" in U.K. pest control company Rentokil Initial. Trian said it was now a top 10 shareholder in Rentokil, which also owns Terminix in the U.S. Peltz's Rentokil investment comes two months after his proxy fight with Walt Disney failed. American depositary receipts (ADRs) of Rentokil Initial Plc (RTO) skyrocketed Wednesday when activist investor Nelson Peltz's Trian Partners to ...