FTSE 100 Index Experiences Gains Amid Rentokil Takeover News
Monday, 22 July 2024, 07:59
FTSE 100 Gains
The blue-chip FTSE 100 index rebounded by 0.5%, demonstrating strength in the current market environment.
Key Contributors
- Rentokil shares surged 12.3%, topping the FTSE 100.
- Former BT Group chief Philip Jansen is potentially leading a private equity takeover bid for Rentokil.
Sector Performance
This news has driven broader industrial support services up by 2.6%, indicating a robust response in the sector.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.