Aramark Services (ARMK) to Separate Uniform Services Business into Independent Publicly Traded Company

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Go back to Aramark Services (ARMK) to Separate Uniform Services Business into Independent Publicly Traded Company

Aramark Announces Plan to Separate Uniform Services Business into Independent Publicly Traded Company

May 10, 2022 6:31 AM EDT

Next 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 website

PHILADELPHIA--(BUSINESS WIRE)-- Aramark (NYSE: ARMK) today announced its plan to... More