Sodexo considers acquiring U.S. rival Aramark, leading to a 12% surge in Aramark's shares.
Sodexo, a French multinational catering firm, is reportedly considering acquiring U.S. rival Aramark, according to Bloomberg News. This speculation led to a 12% surge in Aramark's shares. While talks have occurred, the acquisition's value is unclear, and it may face antitrust scrutiny. Sodexo is seeking expansion into international markets and must secure funding for the potential deal. Both companies declined to comment.
September 26, 2024
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