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  "documentTitle": "Rentokil Initial | Mergers and Acquisitions Presentation Deck | 21 slides",
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  "notes": "Includes details on consideration mix, premiums, shareholder election rights, listing, ownership stake, and divestiture requirements.",
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      "text": "Premium of 32.5% over the 90-day volume weighted average share price of Terminix ending on 13 December 2021.",
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      "text": "In line with Rentokil Initial's undertakings to the CMA, Terminix will dispose of its UK business prior to completion of the transaction.",
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      "text": "Premium of 47.0% over the closing price of Terminix common stock on 13 December 2021.",
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      "text": "Aggregate consideration of approximately 643.3m new Rentokil Initial shares (in the form of ADSs) and approximately US$1.3bn in cash.",
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      "text": "Terminix shareholders will own approximately 26% of the Combined Group on completion.",
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      "text": "Based on Rentokil Initial's 5-day average daily volume weighted share price and the 5-day average of the Sterling-US Dollar exchange rate both over the period ending 10 December 2021.",
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