- Stadium food and clothing vendor Aramark (ARMK) reportedly intends to raise up to $1B in its IPO and will start investor meetings next week with a view to listing in December.
- Aramark would use the money to repay some of its debt of $5.7B, which is a legacy of the $6.3B deal that took the company private in 2007. Goldman Sachs Capital Partners (GS) was one of the buyers.
- Aramark's IPO comes at the same time as that of Hilton, both of which could ensure that a banner year for public listings ends with a bang.
Aramark looks to raise $1B in IPO
Nov 27 2013, 05:08 ET