 Rentokil Initial PLC LSE:RTO has taken a major step to strengthen its pest control business with the acquisition of US peer Terminix for US6.7bn in shares and cash. The deal will make Rentokil the leader in the US pest control in both the US and rest of the world, it said in a statement, with a combined turnover in 2020 of US5.7bn 4.3bn and underlying profits EBITDA of US1.2bn 897m. 