Olympics Caterer Sodexo Weighs Acquisition of Aramark
- Sodexo has been discussing possible purchase in recent months
- Any potential transaction could face antitrust scrutiny
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French food catering firm Sodexo SA is exploring a potential acquisition of US rival Aramark as it seeks growth overseas, people familiar with the matter said.
Sodexo has been discussing a possible purchase of Aramark on and off in recent months, according to the people, who asked not to be identified because the information is private. Shares of Aramark jumped as much as 13% in after-hour trading in New York following the Bloomberg News report. The stock has gained 33% this year, giving the company a market capitalization of about $9.8 billion.