Aramark Services (ARMK) Announces 21.26M Share Offering by Selling Stockholders

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Aramark Announces Secondary Offering of Common Stock

August 9, 2023 4:07 PM EDT

PHILADELPHIA--(BUSINESS WIRE)-- Aramark (NYSE: ARMK) today announced the commencement of an underwritten secondary offering (the Offering) of 21,262,245 shares of its common stock offered for sale by a selling stockholder that is a counterparty to a derivative sale agreement with an affiliate of Mantle Ridge LP. Aramark is not selling any shares of its common stock in the Offering and will not receive any proceeds from the Offering.

J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC are acting as joint book-running managers.

The Offering will be made only by means of... More