Interserve to buy Rentokil facilities service unit for 250 mln stg
Feb 28 (Reuters) - Interserve Plc (LSE: IRV.L - news) , a support services and construction company, said it had agreed to buy a facilities service business from a unit of Rentokil Initial Plc (LSE: RTO.L - news) for 250 million pounds ($416.78 million), seeking to strengthen its foothold in the British support services market.
The FTSE-250 component also posted an 8 percent rise in full-year profit as an early recovery in the British homebuilding sector offset weak international construction activity from the first half of 2013.