Subway nearing sale to same company that owns Arby's: report

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Subway nearing sale to same company that owns Arby's: report
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Arby's owner Roark Capital is reportedly close to finalizing a deal to purchase sandwich chain Subway for roughly $9.6 billion, following months of negotiations.

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After months of wooing various private equity chains for a buyer, sandwich chain Subway is reportedly close to reaching a final deal to sell to Arby's parent company Roark Capital.reported Monday that Roark has pulled ahead of rival suitors TDR and Sycamore with an offer worth around $9.6 billion for the restaurant franchise that could be finalized as early as this week.

A sandwich is seen on a table at a Subway restaurant on Jan. 12, 2023, in Austin, Texas. The Wall Street Journal reported Monday that Roark Capital is nearing a final deal to purchase that sandwich chain.

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