Popular Posts Last 7 days_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Popular Posts Last 30 days_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Popular Posts Last year_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Popular Posts All time_$type=three$meta=0$snip=0$rm=0$count=9$show=/search/label/Popular

Islamophobia_$type=carousel$h=350$show=/search/label/Muslim%20World

Saudi Arabia$type=two$count=2$h=250$space=1$icon=1$m=0$sn=0$rm=0$show=/search/label/Muslim%20World

Iran_$type=three$count=3$h=250$space=1$icon=1$m=0$sn=0$rm=0$show=/search/label/Muslim%20World

Palestine$type=three$author=hide$comment=hide$rm=hide$date=hide$show=/search/label/Muslim%20World

Food services firm Aramark to buy Avendra, AmeriPride in $2.35 billion deal

SHARE:

A Aramark company logo is seen at a facility in San Diego, California December 11, 2013.

Food services company Aramark said on Monday it would buy Avendra LLC, majority owned by Marriott International Inc, and uniform and linen supplier AmeriPride Services Inc for a total of $2.35 billion, before tax benefit adjustments.

Aramark said it would pay Avendra $1.35 billion, or $1.05 billion in net purchase price after adjusting for anticipated tax benefits.

AmeriPride’s purchase price of $1 billion came in at $850 million after adjusting for anticipated tax benefits, Aramark said.

Separately, Marriott, which owns a 55 percent stake in Avendra, said it would receive about $650 million from the sale.

Aramark also added it expected cost synergies of about $40 million from the purchase of Avendra and about $70 million from AmeriPride.

COMMENTS

Name

Ads,5,Afghanistan,75,Africa,26,Americas,5,Animals,36,Argentina,1,Asia,235,Australia,11,Austria,5,Bahrain,2,Bangladesh,18,Barcelona,1,Belgium,3,Brunei,1,Business,1300,Canada,4,Catalan,80,China,118,Cuba,3,Czech Republic,3,DR Congo,1,Egypt,22,Ethiopia,1,Europe,237,Fitness,14,France,26,Germany,37,Headlines,11,Health,169,Hillary Clinton,199,Hong Kong,2,Hungary,1,Iceland,1,India,104,Indonesia,9,International,75,Iran,77,Iraq,77,Ireland,2,Islamophobia,19,Israel,10,Italy,3,Japan,36,Jordan,1,Kenya,7,Kosovo,1,Kuwait,3,Lebanon,2,Libya,2,Lifestyle,302,Lithuania,1,Malawi,1,Malaysia,15,Malta,1,Maxico,3,Middle East,127,Muslim World,598,Myanmar,35,Nawaz Sharif,5,Nepal,3,Netherlands,2,New Zealand,9,Niger,1,Nigeria,2,Nobel Prize,81,North Korea,53,Norway,1,Opinion,26,Pakistan,1036,Palestine,36,Philippine,16,Pics,66,Poland,3,Popular,1,Qatar,93,Rohingya,118,Russia,45,Rwanda,1,Saudi Arabia,83,Science,144,Serbia,2,Showbiz,350,Somalia,4,South Africa,1,South Korea,7,Spain,60,Sports,1311,Sudan,1,Sweden,1,Switzerland,2,Syria,112,Taiwan,2,Technology,449,Thailand,5,Today IN History,24,Top News,994,Tunisia,1,Turkey,77,U.S.,301,UAE,21,UK,51,Ukrain,2,Venezuela,4,Videos,75,Vietnam,2,World,4824,Yemen,21,Zimbabwe,2,
ltr
item
Muslim Global: Food services firm Aramark to buy Avendra, AmeriPride in $2.35 billion deal
Food services firm Aramark to buy Avendra, AmeriPride in $2.35 billion deal
Food services company Aramark said on Monday it would buy Avendra LLC, majority owned by Marriott International Inc, and uniform and linen supplier AmeriPride Services Inc for a total of $2.35 billion, before tax benefit adjustments.
https://4.bp.blogspot.com/-bCb4V6Tu_os/WeRULpTFYcI/AAAAAAAAkX4/gVevThH5fZwro5My4eatvL-AnPrXO6vawCLcBGAs/s640/A%2BAramark%2Bcompany%2Blogo%2Bis%2Bseen%2Bat%2Ba%2Bfacility%2Bin%2BSan%2BDiego%252C%2BCalifornia%2BDecember%2B11%252C%2B2013.jpg
https://4.bp.blogspot.com/-bCb4V6Tu_os/WeRULpTFYcI/AAAAAAAAkX4/gVevThH5fZwro5My4eatvL-AnPrXO6vawCLcBGAs/s72-c/A%2BAramark%2Bcompany%2Blogo%2Bis%2Bseen%2Bat%2Ba%2Bfacility%2Bin%2BSan%2BDiego%252C%2BCalifornia%2BDecember%2B11%252C%2B2013.jpg
Muslim Global
http://www.muslimglobal.com/2017/10/food-services-firm-aramark-to-buy.html
http://www.muslimglobal.com/
http://www.muslimglobal.com/
http://www.muslimglobal.com/2017/10/food-services-firm-aramark-to-buy.html
true
616431133175714168
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy