mergers

News

Terminix Shareholders Approve Rentokil Initial Merger

Terminix shareholders have voted in favour of the company’s long-announced merger with Rentokil Initial which was subject to requirements from European regulators at an EGM. Commenting on the outcome of the vote, Brett T. Ponton, Chief Executive Officer of Terminix, said: “We are pleased that our shareholders overwhelmingly supported the recommendation of our Board and…

Hybrid Working

Thoma Bravo and JMI Equity Merge and Rebrand Condeco, iOffice and + SpaceIQ

Tech private equity firm Thoma Bravo and Baltimore-based JMI Equity have launched Eptura™, a provider of workplace technology solutions with a reach of 16,000 customers and combined user base of 16.3 million established by the merger and rebrand of Condeco, iOffice and + SpaceIQ. The move follows previous announcements by the private equity companies who…

Corporate

European Divestments Pave Way for Rentokil Initial Takeover of Terminix

Terminix has entered into a definite agreement to divest its pest management businesses in the United Kingdom and Norway in response to regulatory stipulations relating to its pending acquisition by Rentokil Initial plc. The Divestment is expected to close in the next 30 to 60 days, subject to limited closing conditions. Terminix expects to record…

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