Robinson maintains Rentokil interest

Former Granada boss Gerry Robinson continued to pursue the top job at Rentokil Initial today – despite ruling out a full-scale takeover.

Robinson’s investment vehicle Raphoe said it continued to hold discussions with Rentokil shareholders about him becoming the executive chairman of the troubled washroom services-to-pest control company.

With those shareholders now understood to be in talks with the company’s management, Raphoe said it intended for the saga to be resolved by next Monday and as a result it no longer intended to make an offer for Rentokil.