
Sandwich chain Subway is exploring a sale of its enterprise, a supply informed Reuters on Wednesday.
The sale may worth the sandwich chain at greater than $10 billion, the Wall Avenue Journal first reported.
The course of, which is at an early stage, is predicted to draw potential company consumers and private-equity companies, the report stated, including that it’s doable there received’t be a sale or different deal.
“As a privately held firm, we don’t touch upon possession construction and enterprise plans,” an organization spokesperson informed Reuters in an emailed assertion.
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