Nelson Peltz's Trian Partners Acquires Major Stake in Rentokil

The activist investor's firm is now a top 10 shareholder in the UK pest control giant, aiming to boost shareholder value.

Rentokil's shares surged up to 16% following Trian Partners' investment.
Peltz's firm has reached out to Rentokil's leadership to discuss potential improvements.
This move comes after Peltz's unsuccessful proxy battle with Disney.
Experts speculate that Peltz may push for significant changes at Rentokil.
Rentokil's American depositary receipts rose nearly 14% after the announcement.