Rentokil Initial, a pest control services provider, completed the acquisition of Terminix, a pest control products manufacturer, for $6.7bn. “The Board of Rentokil Initial and I are delighted to recommend this transformational combination which will create the global leader in pest control and hygiene & wellbeing. Under Andy Ransom’s leadership, our combined group will have a highly talented and experienced management team able to more effectively create value and enhance long-term growth. We believe the combination is a compelling opportunity for all stakeholders to participate in the value creation of the combined group.” Richard Solomons, Rentokil Initial Chairman.