Sodexo mulls acquisition of food service competitor Aramark
WEB3 days ago · French food services company Sodexo is considering the acquisition of U.S.-based facilities management and food service competitor Aramark as part of its strategy for international expansion, Bloomberg News reported Thursday. Revenue for Sodexo’s North America business accounted for 46% of its fiscal year 2023 revenue, which grew organically ...
Sodexo Buying Aramark Would Buck Trend of US Deals in Europe
WEB4 days ago · A potential $10 billion acquisition of catering firm Aramark by France’s Sodexo SA would go against the typical pattern of American companies targeting European rivals.. Over the past five years ...
Sodexo considering takeover of Aramark; shares surge- Bloomberg
WEB4 days ago · Aramark has a market capital of $9.83 billion, according to Investing.com data. Sodexo, who recently catered to the 2024 Olympics in Paris, is seeking to expand further into international markets.
Caterer Sodexo weighs acquisition of US rival Aramark, Bloomberg News …
WEB4 days ago · Advertisement. (Reuters) -Sodexo is exploring a potential acquisition of its U.S. rival Aramark, Bloomberg News reported on Wednesday, sending the shares of the French food catering firm lower on ...
Aramark: Switching To Sodexo After M&A Talk - Seeking Alpha
WEB3 days ago · Valuation for Aramark and Sodexo - there's a way to play this. Aramark's valuation is currently not favorable. The company has 14 analysts following the business, going from $38 to $42 with an ...
Sodexo buying Aramark would buck trend of US deals in Europe
WEB4 days ago · Sodexo is exploring a possible acquisition of Philadelphia-based Aramark, people familiar with the matter told Bloomberg News. Aramark shares were up 3.5% to $38.51 a share as of 9:55 a.m. in New ...
M&A News: U.S. Food Company Aramark Could be Bought by French Rival Sodexo
WEB4 days ago · Aramark’s market capitalization stood at $9.82 billion on September 25, before the reports on the potential deal started surfacing. Sodexo has been in the news lately, as it served as the ...
Aramark jumps on report France's Sodexo considering acquisition
WEB4 days ago · Sodexo would also need to get the financing for a purchase of Aramark, which has a market cap of almost $10 billion. Sodexo is valued at about $13 billion. Shares of Aramark ( ARMK ) have risen 33 ...
French Caterer Sodexo Said to Weigh Acquisition of Aramark (2)
WEBFrench food catering firm Sodexo SA is exploring a potential acquisition of US rival Aramark as it seeks growth overseas, people familiar with the matter said. ... Shares of Aramark jumped as much as 13% in after-hour trading in New York following the Bloomberg News report. The stock has gained 33% …
Sodexo mulls acquiring Aramark - restaurantbusinessonline.com
WEB3 days ago · According to the Bloomberg article, Sodexo has reportedly been discussing acquiring Aramark over the past few months to grow its presence overseas. After news of the rumored acquisition broke, Aramark shares spiked by as much as 13% in after-hours trading in New York. Meanwhile, Sodexo shares …
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