Mitsui to acquire the remaining 50% stake in AIM Services from Aramark for $535m.

Mitsui, one of the largest sogo shosha in Japan, agreed to acquire the remaining 50% stake in AIM Services, a joint venture established to provide food services to clients across a variety of business sectors in Japan, from Aramark, an American food service, facilities, and uniform services provider, for $535m. "As part of our strategy to deliver profitable growth, we regularly review the company’s portfolio to identify opportunities to create value for shareholders. Monetizing this non-controlling interest will enhance operating focus, strengthen our balance sheet through accelerated debt repayment, and will be accretive to earnings per share," John Zillmer, Aramark CEO.