Investing.com-- France’s Sodexo SA (EPA:EXHO) is considering a takeover over U.S. food catering rival $Aramark(ARMK-W)$, Bloomberg reported on Wednesday, sending the latter’s shares up sharply in aftermarket trade.
Aramark Holdings (NYSE:ARMK) surged more than 12% to $41.77- an over three-year high.
Sodexo has been discussing the potential takeover on and off in recent months, Bloomberg reported, citing people with knowledge of the matter. It was not immediately clear what the value of the proposed takeover would be.
Aramark has a market capital of $9.83 billion, according to Investing.com data.
Sodexo, who recently catered to the 2024 Olympics in Paris, is seeking to expand further into international markets.
Reports earlier this month showed French workplace supplies provider Elis Services SA (EPA:ELIS) had approached Vestis Corp (NYSE:VSTS), the former uniform rentals business of Aramark, with an acquisition offer.
Related Articles
Sodexo considering takeover of Aramark; shares surge- Bloomberg
Exelixis EVP Jeffrey Hessekiel sells shares worth over $659k
Australia's Platinum Asset Management rejects Regal Partners' $420 million takeover offer
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。