Subway is for sale
One of the largest fast food chains has been put up for sale, the owners would sell the company for more than 10 billion dollars.
Subway is currently present in more than a hundred countries with more than 37,000 restaurants. The company, registered in Milford, USA, has been owned by the two founding families for more than fifty years, who are now recruiting customers.
According to Reuters, the process is still at an early stage, and in addition to corporate clients, interest from private equity funds is also expected. According to the owners, it is possible that no agreement will be reached in the end.
Subway itself has not yet commented on the news.
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