Activist investor Nelson Peltz's Trian Fund acquires significant stake in UK's Rentokil Initial, becoming top 10 shareholder.

Activist investor Nelson Peltz's Trian Fund Management LP has acquired a significant stake in UK-based pest control firm Rentokil Initial Plc, making it one of the top 10 shareholders. Trian has reached out to Rentokil to discuss strategies for enhancing shareholder value. Rentokil, which owns Terminix in the US, has seen its shares lose over a third of their value in London over the past year.

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