Welcome to Fibre2fashion.com    
fibre2fashion
Pilbloc - Smart Clean Soft
Textile | Apparel |  Fashion | Technology | Technical Textiles  | Corporate | Associations Android app on Google Play Android app on Google Play
 
Home >> News
 

Aramark prices secondary public offering at $25.50/share

May 30, 2014 (United States Of America)

Aramark announced the pricing of the previously announced secondary offering of 20,000,000 shares of its common stock to be sold by certain of its stockholders at a price to the public of $25.50 per share.
 
In addition, certain of the selling stockholders have granted the underwriters an option to purchase up to 3,000,000 additional shares of common stock.
 
The selling stockholders will receive all of the proceeds from this offering. No shares are being sold by Aramark. The offering is expected to settle and close on June 4, 2014, subject to customary closing conditions.
 
Goldman, Sachs & Co., J.P. Morgan Securities LLC, Credit Suisse Securities (USA) LLC, and Morgan Stanley & Co. LLC are acting as joint book-running managers and the representatives of the underwriters; Barclays Capital Inc., BofA Merrill Lynch, RBC Capital Markets LLC, and Wells Fargo Securities, LLC are acting as bookrunners, and Robert W. Baird & Co. Incorporated, PNC Capital Markets LLC, Rabo Securities USA, Inc., Samuel A. Ramirez & Company, Inc., Santander Investment Securities Inc., SMBC Nikko Securities America, Inc., and The Williams Capital Group, L.P. are acting as co-managers of the offering. 
 
About Aramark
Aramark is in the customer service business across food, facilities and uniforms, wherever people work, learn, recover and play. United by a passion to serve, our more than 270,000 employees deliver experiences that enrich and nourish the lives of millions of people in 22 countries around the world every day. Aramark is recognized among the Most Admired Companies by FORTUNE and the World's Most Ethical Companies by the Ethisphere Institute.
 

Aramark
More ARAMARK Corporation News...
More Apparel/Garments News - United States Of America...

 
Email this
Story
Print this
Story
Letter to
Editor
Sign Up for
News Letter
Search
Companies
 
 
  RSS