Former BT CEO in Talks to Buy Rentokil Initial: The Sunday Times

Philip Jansen, the former chief executive officer of BT Group Plc, is in talks with private equity firms about acquiring Rentokil Initial Plc, the Sunday Times reported.

The plan would see Jansen become executive chairman of the pest control firm, which owns Terminix in the US, the newspaper said, without citing the source of the information. Both Jansen and Rentokil declined to comment when approached by Bloomberg News.

Last month, Bloomberg reported that activist investor Nelson Peltz’s Trian Fund Management LP had amassed a significant stake in Rentokil. Before the stake was disclosed, shares had ...