06:11 AM EDT, 09/26/2024 (MT Newswires) -- Aramark ( ARMK ) is being weighed for a potential acquisition by French food caterer Sodexo, Bloomberg News reported Wednesday, citing unnamed people familiar with the matter.

According to the report, Sodexo has been on and off in talks in recent months regarding a potential deal with Aramark ( ARMK ).

Any potential deal would be subject to antitrust scrutiny. There is no certainty, however, that discussions would lead to a transaction, the report said.

Both Sodexo and Aramark ( ARMK ) declined to comment to MT Newswires.

Aramark ( ARMK ) shares were up nearly 10% in recent Thursday premarket activity.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 40.85, Change: +3.59, Percent Change: +9.63