Rentokil Initial to sell France Workwear Business to H.I.G. Capital for €410 million
LONDON: Rentokil Initial plc has entered into an agreement to sell its France Workwear business to H.I.G. Capital in a transaction valued at approximately €410 million ($465 million), the company announced Wednesday. According to details, H.I.G. Capital has signed a binding put option, committing to complete the acquisition once consultations with employee representatives and regulatory…