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市场新闻

Franco-US food M&A is $10 bln recipe for heartburn

BREAKINGVIEWS-Franco-US food M&A is $10 bln recipe for heartburn The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Liam Proud LONDON, Sept 26 (Reuters Breakingviews) - Two subscale companies in a low-margin, slow-growing sector might seem like ideal candidates for a deal. Not according to investors, who sent shares in $13 billion French catering group Sodexo EXHO.PA down 7% after Bloomberg reported that it was eyeing $10 billion U.S.
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UK's Rentokil gains as Train Fund takes seat at board

BUZZ-UK's Rentokil gains as Train Fund takes seat at board ** Shares in Rentokil Initial RTO.L gain 2.9% to 371.2p, top gainer on FTSE 100 .FTSE index ** British pest-control firm appoints Trian Fund Management's nominee to board ** Trian is led by activist investor Nelson Peltz and holds about 2.6% stake in RTO according to LSEG data ** Brian Bald
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Rentokil appoints shareholder Trian Fund's executive to board

Rentokil appoints shareholder Trian Fund's executive to board Sept 25 (Reuters) - Rentokil Initial RTO.L on Wednesday appointed Brian Baldwin, the head of research at shareholder Trian Fund Management, to its board months after the Nelson Peltz fund amassed a significant stake in the British pest-control firm. WHY IT'S IMPORTANT Rentokil and rival Rollins ROL.N account for roughly half of the U.S.
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Rentokil Initial Appoints Brian Baldwin As Non-Exec Director

BRIEF-Rentokil Initial Appoints Brian Baldwin As Non-Exec Director Sept 25 (Reuters) - Rentokil Initial PLC RTO.L : RENTOKIL INITIAL PLC - APPOINTMENT OF NON-EXECUTIVE DIRECTOR RENTOKIL INITIAL PLC - APPOINTS BRIAN BALDWIN AS NON-EXECUTIVE DIRECTOR Source text for Eikon: ID:nRSY5139Fa Further company coverage: RTO.L
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Auction Technology, Compass, D'Ieteren Group

EUROPE RESEARCH ROUNDUP-Auction Technology, Compass, D'Ieteren Group Sept 17 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Auction Technology, Compass Group and D'Ieteren Group on Tuesday. HIGHLIGHTS * Auction Technology Group Plc ATG.L : JP Morgan raises to overweight from neutral * Compass Group CPG.L : RBC cuts to sector perform from outperform * D'Ieteren Group SA IETB.BR : Jefferies cuts to hold from buy * Hermes HRMS.PA : Ex
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