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Philip Jansen aims to take over Rentokil

Rentokil Initial, a FTSE 100 pest-control empire owned by Rentokil Initial's former boss at BT, is being targeted for a takeover bid backed by private equity. Philip Jansen has been in discussions with private equity firms about a plan…

Carpetright put on sale

Carpetright is for sale, which could result in hundreds of closures of stores and the loss thousands jobs. PwC has been appointed to launch the formal sale process by the flooring retailer. The company, which has over 3,000 employees and…

Tesco employees to share £30m windfall

The employee share scheme of Britain's largest supermarket chain is set to pay out more than £30million in total. Tesco announced that over 20,000 employees, who work mainly in its stores and warehouses, will benefit from the growth of…