On Thursday, Roark Capital reached an agreement to acquire Subway, with insiders revealing that the transaction values the U.S. sandwich chain at a potential $9.55 billion, encompassing debts and contingent upon specific financial performance goals. This deal concludes a protracted auction initiated in February, which drew interest from multiple private equity firms. As highlighted by…
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Subway Unveils Ambitious Expansion Plan to Multiply Its Presence in China by Sevenfold
In a major move that has caught the attention of the global fast-food industry, Subway, the renowned sandwich chain, has announced its plans to significantly expand its operations in China. The company revealed on Tuesday its intention to open nearly 4,000 new stores across mainland China over the next two decades. This endeavor will result…