{"id":802079,"date":"2022-06-21T07:02:13","date_gmt":"2022-06-21T05:02:13","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/terminix-satisfies-a-key-closing-condition-of-the-rentokil-merger-by-completing-the-divestment-of-its-u-k-and-norway-businesses\/"},"modified":"2023-07-11T15:13:03","modified_gmt":"2023-07-11T13:13:03","slug":"terminix-satisfies-a-key-closing-condition-of-the-rentokil-merger-by-completing-the-divestment-of-its-u-k-and-norway-businesses-6","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/private-capital-in-europe\/terminix-satisfies-a-key-closing-condition-of-the-rentokil-merger-by-completing-the-divestment-of-its-u-k-and-norway-businesses-6\/","title":{"rendered":"Terminix Satisfies a Key Closing Condition of the Rentokil Merger by Completing the Divestment of its U.K. and Norway Businesses"},"content":{"rendered":"MEMPHIS, Tenn.--(BUSINESS WIRE)--Terminix Global Holdings, Inc. (NYSE: TMX), a leading provider of essential termite and pest management services to residential and commercial customers, today announced it has completed the divestment of its pest management businesses in the U.K. and Norway (the \u201cdivestment\u201d).\n\n\n\nThe businesses were acquired by Norvestor VIII SCSp, a fund managed by Nordic mid-market private equity firm Norvestor Advisory. Terminix expects to record a loss on the sale of these assets in the period ending June 30, 2022. Together, the two businesses were expected to generate approximately $60 million in revenue and less than $10 million in Adjusted EBITDA for the full year 2022.\n\n\nCompletion of the divestment and the prev<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>MEMPHIS, Tenn.&#8211;(BUSINESS WIRE)&#8211;Terminix Global Holdings, Inc. (NYSE: TMX), a leading provider of essential termite and pest management services to residential and commercial customers, today announced it has completed the divestment of its pest management businesses in the U.K. and Norway (the \u201cdivestment\u201d). The businesses were acquired by Norvestor VIII SCSp, a fund managed by Nordic [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49624],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-802079","post","type-post","status-publish","format-standard","hentry","category-private-capital-in-europe"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Terminix Satisfies a Key Closing Condition of the Rentokil Merger by Completing the Divestment of its U.K. and Norway Businesses - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/private-capital-in-europe\/terminix-satisfies-a-key-closing-condition-of-the-rentokil-merger-by-completing-the-divestment-of-its-u-k-and-norway-businesses-6\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Terminix Satisfies a Key Closing Condition of the Rentokil Merger by Completing the Divestment of its U.K. and Norway Businesses - BeBeez\" \/>\n<meta property=\"og:description\" content=\"MEMPHIS, Tenn.--(BUSINESS WIRE)--Terminix Global Holdings, Inc. (NYSE: TMX), a leading provider of essential termite and pest management services to residential and commercial customers, today announced it has completed the divestment of its pest management businesses in the U.K. and Norway (the \u201cdivestment\u201d). 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