Aramark president and CEO Eric Foss (center), joined by frontline employees and members of the management team, rings the NYSE Opening Bell.
Aramark Holdings Corp.’s shares climbed Friday after the global foodservice contractor raised $725 million in its initial public offering. In its third run as a public company, Philadelphia-based Aramark began trading Thursday on the New York Stock Exchange under the symbol ARMK. Aramark had set its IPO price at $20 per share late Wednesday, at the low end of a projected range of $20 to $23. The company’s stock closed the day Thursday at $22.70, an increase of 14 percent. Shares ...
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Contact: Desiree Torres Desiree.Torres@penton.com