Subway’s bankers offer a $5 billion financing plan to complete the acquisition

May 2, 2023

Bankers running the sale of Subway have given private equity firms looking to acquire the sandwich chain a $5 billion financing plan to make it happen. Final bidders for the chain include Bain Capital, TPG, Advent International, TDR Capital, Goldman Sachs and Roark Capital. Some of the firms are holding talks about fielding a joint bid.

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