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India

Aramark (ARMK.N)

ARMK.N on New York Stock Exchange

38.49USD
19 Jun 2018
Change (% chg)

$-0.88 (-2.24%)
Prev Close
$39.37
Open
$38.74
Day's High
$39.10
Day's Low
$38.40
Volume
533,002
Avg. Vol
322,782
52-wk High
$46.04
52-wk Low
$36.29

Latest Key Developments (Source: Significant Developments)

Aramark Announces Offering Of Senior Notes
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Aramark ::ARAMARK - UNIT INTENDS TO PRIVATELY OFFER $1,150 MILLION AGGREGATE PRINCIPAL AMOUNT OF SENIOR UNSECURED NOTES DUE 2028.ARAMARK - UNIT TO USE NET PROCEEDS FROM OFFERING OF NOTES, WITH CASH ON HAND, TO PAY FOR ACQUISITION OF AMERIPRIDE SERVICES, AMONG OTHERS.ARAMARK ANNOUNCES OFFERING OF SENIOR NOTES.  Full Article

Aramark Says Aramark Intermediate Holdco And Certain Units Of Co Entered Incremental Amendment No. 2
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Aramark ::ARAMARK - ‍ON DECEMBER 11, UNIT, ARAMARK INTERMEDIATE HOLDCO AND CERTAIN UNITS OF CO ENTERED INCREMENTAL AMENDMENT NO. 2 - SEC FILING​.ARAMARK- AMENDMENT PROVIDES INCREMENTAL SENIOR SECURED CREDIT FACILITY OF U.S. DOLLAR DENOMINATED 'TERM B-1' LOAN OF $1.785 BILLION, DUE MAR 2025.  Full Article

Marriott to receive about $650 mln for 55 pct interest in Avendra
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Marriott : :‍owners of Avendra, LLC have reached a binding agreement to sell avendra to aramark for $1,350 million​.Marriott- ‍after redemption of costs, Avendra's founding shareholders, co, Hyatt,Aaccor, Clubcorp, IHG, expect to receive about $1,180 million in cash.‍Marriott expects to receive approximately $650 million for its 55 percent interest in Avendra​.  Full Article

Aramark to buy Avendra and AmeriPride in deals totaling $2.35 bln
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Aramark :Announces two strategic and transformative acquisitions.Says ‍ entered into a definitive agreement under which Aramark will acquire Avendra for a purchase price of $1.35 billion​.Says ‍will acquire AmeriPride for a purchase price of $1.0 billion​.Says ‍anticipates annual cost synergies of approximately $70 million from AmeriPride deal​.Says ‍will finance transactions through issuance of new debt, and has received fully committed financing​.Says ‍anticipates annual procurement cost synergies of approximately $40 million from Avendra deal​.Says ‍board of directors of Aramark has unanimously approved both transactions​.  Full Article

Aramark reported Q3 EPS $0.18
Wednesday, 10 Aug 2016 

Aramark : Aramark reports third quarter earnings . Q3 earnings per share view $0.32 -- Thomson Reuters I/B/E/S . Q3 GAAP earnings per share $0.18 . Q3 adjusted earnings per share $0.34 . Sees FY 2016 adjusted earnings per share $1.65 to $1.75 including items . Q3 sales $3.6 billion versus I/B/E/S view $3.58 billion . Qtrly GAAP operating income margin of 4.7%, up 130 basis points; adjusted operating income margin increased 50 basis points to 5.6% .Reaffirmed its earnings outlook for fiscal 2016..  Full Article

BRIEF-Aramark Reports Q2 Earnings Per Share $0.11

* REPORTS SECOND QUARTER 2018 EARNINGS AND INCREASES 2018 OUTLOOK