Aramark announces plan to separate uniform services business into independent publicly traded company

Philadelphia--(business wire)--aramark (nyse: armk) today announced its plan to separate aramark uniform services (aus) into an independent, publicly traded company. the transaction is intended to be structured as a spin-off that is tax-free to aramark and its stockholders. the company currently expects the spin-off to occur by the end of fiscal 2023. “substantial improvements across the company—including culture, organization, strategy, client, and customer service—and a program of selective,
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