Aramark Corp., Philadelphia, recently announced that a Form 10 registration statement was filed with the U.S. Securities and Exchange Commission (SEC) in connection with the previously announced spin-off of Aramark Uniform Services into a standalone publicly traded company. The Form 10 was filed by Epic NewCo Inc., which will hold Aramark Uniform Services upon the completion of the spin-off, according to a news release.
The Form 10 includes detailed information about Aramark Uniform Services, such as historic financial information, a description of its business and strategy, and other legal and financial disclosures. A copy of the Form 10 is available on the SEC’s website at www.sec.gov. Click here to view the full Aramark Uniform Services document.
“Under the intended structure, Aramark will continue to operate as a proven global leader in food and facilities services, with world-class scale and capabilities focused on serving clients across 18 countries in five principal sectors: Education, Sports, Leisure & Corrections, Healthcare, Business & Industry, and Facilities & Other,” said John Zillmer, CEO, Aramark, in a letter to shareholders. “We believe that Aramark and AUS can best execute their respective value-creating strategies operating as two independent, publicly traded companies.”
Based on the current macroeconomic and capital market environment, Aramark anticipates the spin-off to be completed at the end of Aramark’s fiscal year in September, subject to customary closing conditions.
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