Rentokil Initial to sell U.S. Solitude Lake Management to Bain Capital
Rentokil Initial will sell U.S. Solitude Lake Management for $230M. Net cash proceeds after tax are expected to be around $180M, supporting cap allocation priorities.
(06:02 GMT) Rentokil Initial said it will sell SOLitude Lake Management to Bain Capital. (06:03 GMT) The company said the sale is for $230M and that net cash proceeds after tax are expected to be around $180M. (06:08 GMT) Rentokil Initial said the sale supports its capital allocation priorities. (06:1…