Hints and tips:
...Elior has acquired food delivery start-up Nestor, while Sodexo has expanded its courier service with contract caterer The Good Eating Company....
...Vanguard this year has already voted against bonus plans at Aramark and Walgreens Boots Alliance. The proposals won 58 per cent and 47 per cent respectively....
...In light of Covid-19, Aramark is certainly not alone in cutting staff — especially in the service industry....
...He noted the company’s “guidance only includes customers who are past the testing stage, which means that sales from burgers in Tim Hortons, sausage patties in Dunkin’, Aramark (announced last week), and...
...Drop through in 1H was 28.5% (guidance 25-30%) but in April drop through was 23% which is pleasing (Sodexo run rate 25% and Aramark at 20%)....
...Food service company Aramark has named John Zillmer as chief executive to replace Eric Foss who retired from the post in the summer after activist hedge fund Mantle Ridge increased its stake in the company...
...for the Group are positive and that the Company will continue to develop the business and build shareholder value through a combination of organic growth and further acquisitions as the year progresses.”quot...
...Aramark, which provides food and concessions for stadiums, prisons and other facilities, also unveiled the terms for its listing....
...Aramark provides food services and catering at stadiums, hospitals, schools and universities....
...The Vix, Wall Street's "fear gauge", is at levels last seen five years ago, before the financial crisis kicked off properly....
...Aramark’s board on Tuesday agreed to a sweetened $6.3bn management buyout of the US food-service group, five years after it was taken public by Joseph Neubauer, chairman and chief executive....
...Given the food-service company’s dual-share structure – with the management team owning the bulk of voting rights – shareholders could hardly have expected a contested battle....
...The company operates food distribution and canteen services, as well as concessions at sporting events such as the 2004 Olympics in Athens, and the upcoming football World Cup in Germany....
...This month, Aramark, the food service and equipment rental company, received a $5.8bn takeover offer led by its management, while Kerzner International, the Bahamas-based casino and leisure group, will be...
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