Edition:
India

Aramark (ARMK.N)

ARMK.N on New York Stock Exchange

40.82USD
17 Nov 2017
Change (% chg)

$0.08 (+0.20%)
Prev Close
$40.74
Open
$40.62
Day's High
$40.99
Day's Low
$40.61
Volume
371,929
Avg. Vol
318,200
52-wk High
$44.11
52-wk Low
$32.87

Latest Key Developments (Source: Significant Developments)

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

Aramark prices senior notes due 2024 and 2026
Tuesday, 17 May 2016 

Aramark : Aramark says priced a private offering of $500.0 million aggregate principal amount of senior unsecured notes due 2024 . Aramark says priced a private offering of $500.0 million aggregate principal amount of senior unsecured notes due 2026 . 2024 notes are expected to constitute further issuance of $400 million aggregate principal amount of 5.125% senior notes due 2024 .Aramark announces pricing of senior notes.  Full Article

Aramark to privately offer $1.0 billion of unsecured notes
Monday, 16 May 2016 

Aramark : Intends to privately offer $1.0 billion aggregate principal amount of unsecured notes due 2024 and senior unsecured notes due 2026 . Aramark says issuer intends to use proceeds from offering of notes to redeem a portion of issuer's outstanding 5.75% senior unsecured notes due 2020 . Offering of notes will be made in a private transaction . 2024 notes expected to constitute further issuance of $400 million of 5.125% senior notes due 2024 that were issued in dec 2015 .Aramark announces offering of senior notes.  Full Article

Aramark reaffirms FY 2016 EPS guidance
Wednesday, 10 Feb 2016 

Aramark:Says its outlook for constant-currency FY 2016 adjusted EPS remains unchanged within a range of $1.65 to $1.75 per share.FY 2016 EPS of $1.67 - Thomson Reuters I/B/E/S.  Full Article

Aramark declares quarterly dividend
Wednesday, 3 Feb 2016 

Aramark:Declared a quarterly dividend of $0.095 per share payable on March 07 to shareholders of record date as on February 16.  Full Article

Aramark announces pricing of senior notes
Friday, 4 Dec 2015 

Aramark:Announces pricing of senior notes.Aramark Services priced a private offering of $400 million aggregate principal amount of 5.125% senior notes due 2024.  Full Article

Aramark Announces Offering of Senior Notes
Thursday, 3 Dec 2015 

Aramark:Says that its indirect wholly owned subsidiary, Aramark Services, Inc. (Issuer), intends to privately offer $300 million aggregate principal amount of senior unsecured notes due 2024.net proceeds from the offering of the Notes will be used for general corporate purposes.Pending permanent application, the net proceeds from the offering of the Notes may be temporarily used to reduce outstanding balances under the Issuer's revolving credit facility.  Full Article

BRIEF-Aramark reports Q4 adjusted earnings per share $0.54

* Q4 earnings per share view $0.57 -- Thomson Reuters I/B/E/S