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.