Food service provider ARAMARK Holdings files for a US IPO that could raise upwards of $500 million

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ARAMARK Holdings, which provides food, facilities and uniform services to a variety of commercial clients, filed on Monday with the SEC to raise up to $100 million in an initial public offering, although this amount is likely just a placeholder. We expect the company will raise at least $700 million. The Philadelphia, PA-based company, which was founded in 1959 and booked $13.8 billion in sales for the 12 months ended June 30, 2013, plans to list on the NYSE and has yet to announce a ticker. Goldman Sachs, J.P. Morgan, Credit Suisse and Morgan Stanley are the joint bookrunners on the deal. No pricing terms were disclosed.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



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