Disposal

Rentokil Initial PLC 15 December 2000 RENTOKIL INITIAL DISPOSAL PROGRAMME Rentokil Initial announces disposals amounting to £32m which include the mobile crane business of Initial GWS and the Initial UK Transport business. In 1999, these businesses had turnover of £89m and operating profits of £6.7m. Commenting on the disposals, Chief Executive, Sir Clive Thompson said: 'These disposals bring total proceeds to £594m in line with the target of at least £600m with negotiations continuing with potential buyers of UK Personnel Services.' Enquiries: Sir Clive Thompson, Chief Executive C T Pearce, Finance Director 01342 833022
UK 100

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