October 1, 2018 / 6:25 AM / 17 days ago

Mitie to sell pest control business to Rentokil

Oct 1 (Reuters) - British outsourcing firm Mitie Group Plc said on Monday it would sell its pest control business to Rentokil Initial Plc for 40 million pounds ($52.1 million) in cash.

Mitie has also formed a preferred supplier partnership with Rentokil, to provide a range of services, including pest control, to Mitie’s customers.

$1 = 0.7672 pounds Reporting by Karina Dsouza in Bengaluru; Editing by Amrutha Gayathri

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