Food services company Aramark seeks up to $5.3 bln valuation in IPO


Food services provider Aramark Holdings Corp said it expects to price its initial public offering at between $20 and $23 per share, valuing the company at about $5.3 billion, sister news service Reuters reported.

 

The offering of 36.3 million shares would raise about $833.8 million at the higher end of the price range. The company is selling 28 million shares in the offering, while certain stockholders are selling the rest, according to a filing ...

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