Nelson Peltz's Trian Partners has amassed a significant stake in Terminix parent Rentokil.
Nelson Peltz 's Trian has a top-10 position in Terminix-parent Rentokil and is looking to work with management to increase shareholder value.
The stake comes just a few weeks after Peltz's Trian disposed of its remaining stake in the Walt Disney Company, after it made an unsuccessful run for board representation.Nelson Peltz, founder and chief executive officer of Trian Fund Management, during the Future Investment Initiative Institute Priority Summit in Miami, Florida, on Thursday, March 30, 2023.
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