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  1. Apr 24, 2023 · Subway on Monday reported global same-store sales rose 12.1% in the first quarter as the company closes in on a planned deal to sell the business by June.

    • 4 min
    • Brooke DiPalma
  2. Feb 15, 2023 · Subway is looking at possibly selling off its business, in a move that could potentially affect thousands of its restaurants. The popular sandwich chain announced on Tuesday that its...

  3. Jul 13, 2023 · The long and public sale process at Subway is going to last a little longer. A source confirmed a report on Thursday in the New York Post that said the company has extended the bidding deadline as new bidders have emerged for the chain.

    • Who Is Interested in Buying Subway?
    • What Is Subway Doing to Refresh?
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    The debt plan is meant to help bidders overcome a challenging economic environment where rising interest ratesand concerns about the possibility of a looming recession have made debt more expensive for buyout firms, according to Reuters. Despite the challenges, chief executive Chidsey last month said it is the “perfect time” to sell because there a...

    Subway has been in the midst of a turnaround, which could help the company meet its $10 billion-plus valuation. After shrinking its domestic footprint and seeing profits bogged down by its famous $5-footlong sandwich deal, the private company has overhauled its menu, refreshed its marketing and worked on consolidating locations. In April, Subway sa...

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    • Bailey Schulz
    • Money Reporter
  4. Apr 19, 2023 · Some of the world's biggest buyout firms are exploring the possibility of a joint bid for Subway, the $10bn (£8.3bn) sandwich chain. Sky News has learnt that Advent International, Bain Capital and TPG are considering teaming up in a so-called "club deal" as the auction of Subway nears the conclusion of a second round of bidding.

  5. Feb 15, 2023 · The Wall Street Journal said last month a potential sale of the company could value Subway at more than $10bn. Earlier this month, the company announced its second year in a row of record sales.

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  7. Aug 25, 2023 · Subway has sold itself to private equity firm Roark Capital, ending a six-month long search for a buyer. It brings to an end the sandwich chain’s near six-decade run as a family-owned...