Sodexo seen down after report it weighs Aramark acquisition

Aramark

26/09/2024 07:47

** Shares in Sodexo  EXHO.PA  are seen down 3% after
Bloomberg News reported the French food caterer is exploring a
potential acquisition of its US rival Aramark  ARMK.N 
    ** Aramark, which provides services across 15 countries, has
a market capitalization of over $9.8 billion, as per LSEG data
    ** Sodexo would need to secure the funds for such a sizeable
acquisition, the report added
    ** Sodexo's stock is up 13% YTD


 (Reporting by Leo Marchandon)
 ((Leo.marchandon@thomsonreuters.com))