(Alliance News) - The former chief executive officer of BT Group PLC is leading a possible takeover offer for pest control firm Rentokil Initial PLC, the Times reported on Sunday. Philip Jansen is in talks with private equity firms over a plan that would see him become executive chairman of the FTSE 100 company, the newspaper said without citing sources. The Times noted that Jansen is close to Bain Capital. Last month, Trian Fund Management LP, the firm of activist investor Nelson Peltz, became a top 10 shareholder, according to Bloomberg. By Tom Waite, Alliance News editorComments and questions to newsroom@alliancenews.comCopyright 2024 Alliance News Ltd. All Rights Reserved.
