Rentokil Initial rallies 10% on private equity bid buzz
Jansen reportedly plotting takeoverConsolidation opportunity in fragmented US marketTurnaround potential at TerminixPest control and hygiene giant Rentokil Initial (RTO) topped the FTSE 100 leader board on Monday, with shares in the 'royal rat-catcher' scurrying 10% higher to 492.6p following weekend reports it is a bid target for private equity.According to The Times, former BT (BT.A) CEO Philip