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United Kingdom

Rentokil Initial PLC (RTO.L)

RTO.L on London Stock Exchange

348.10GBp
17 Jan 2019
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Tue, Dec 4 2018

BRIEF-Rentokil To Offload Pension Risk To PIC

* FOR FULL STORY, CLICK: Source text for Eikon: Further company coverage: (Reporting By Simon Jessop)

Rentokil to offload pension risks to PIC

Rentokil Initial Plc will offload pension liabilities of 1.5 billion pounds to Pension Insurance Corp (PIC), the British pest control company said on Tuesday, a deal that would allow it to tap surplus funds.

UPDATE 1-Britain's Rentokil to offload pension risks to PIC

Dec 4 Rentokil Initial Plc will offload pension liabilities of 1.5 billion pounds ($1.91 billion) to Pension Insurance Corp (PIC), the British pest control company said on Tuesday, a deal that would allow it to tap surplus funds.

Britain's Rentokil offloads pension risks to PIC

Dec 4 Rentokil Initial Plc said on Tuesday Pension Insurance Corp (PIC) had agreed to take the British pest control and business services company's pension liabilities of 1.5 billion pounds ($1.91 billion).

CORRECTED-UPDATE 1-Mitie to sell pest control business as part of restructuring

Oct 1 British outsourcing firm Mitie Group Plc said on Monday it would sell its pest control business to Rentokil Initial Plc for 40 million pounds ($52.1 million) cash, as it looks to focus on its core businesses as part of a restructuring.

Mitie to sell pest control business as part of restructuring

Outsourcing firm Mitie Group Plc said on Monday it would sell its pest control business to Rentokil Initial Plc for 40 million pounds cash, as it looks to focus on its core businesses as part of a restructuring.

Mitie to sell pest control business to Rentokil

Oct 1 British outsourcing firm Mitie Group Plc said on Monday it would sell its pest control business to Rentokil Initial Plc for 40 million pounds ($52.1 million) in cash.

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