By The Power In Vestis In Me – Aramark Set To Spin Off Uniform And Workplace Supplies Business As Vestis on September 30

Foodservice giant Aramark (ARMK) announced that its Board has approved the spin off of its Uniform and Workplace Supplies business, to be named Vestis (VSTS). Shareholders of Aramark as of September 20th will receive one share of Vestis for every two shares of Aramark owned. The transaction will be completed on September 30, 2023, with the first day… Read More »