Aramark Services (ARMK) to Separate Uniform Services Business into Independent Publicly Traded Company
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Aramark Announces Plan to Separate Uniform Services Business into Independent Publicly Traded Company
May 10, 2022 6:31 AM EDTNext phase in Companys acceleration of value-creating strategies
Highlights:
Optimizes strategic focus and flexibility for both companies Transaction structured as spin-off that is tax-free to Aramark and its stockholders Remain committed to financial targets communicated at Analyst Day Conference call to be held today at 8:30 am ET as part of Second Quarter earnings results Supplemental presentation material available on Aramarks Investor Relations websitePHILADELPHIA--(BUSINESS WIRE)-- Aramark (NYSE: ARMK) today announced its plan to... More
