Aramark Uniform Services

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Aramark to Spin-off Uniform Services Business

Aramark has announced plans to separate its Aramark Uniform Services (AUS) business into an independent, publicly traded company by the end of fiscal year 2023. The spin-off is expected to qualify as tax-free to Aramark and its stockholders for U.S. federal income tax purposes. Unveiling the plan, John Zillmer, Aramark Chief Executive Officer, said: ““Substantial…

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