13 Dec 2024 | 11:55
Rentokil rallies as Trian buys £31m worth of shares
(Sharecast News) - Rentokil Initial sparked on Friday after Trian Fund Management bought 7.5m shares in the pest control company for £31m.
The shares were purchased at 413.4p each on 11 December.
At 1155 GMT, Rentokil shares were up 3.7% at 414p, having jumped to as high as 415.30p earlier.