Aramark Services (ARMK) Reports In-Line Q2 EPS
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Aramark Services (ARMK) to Separate Uniform Services Business into Independent Publicly Traded Company
May 10, 2022 6:32 AM EDTAramark (NYSE: ARMK) today announced its plan to separate Aramark Uniform Services (AUS) into an independent, publicly traded company. The transaction is intended to be structured as a spin-off that is tax-free to Aramark and its stockholders. The Company currently expects the spin-off to occur by the end of fiscal 2023.
Substantial improvements across the Companyincluding culture, organization, strategy, client, and customer serviceand a program of selective, targeted... More
