Consumer
Subway Sandwich Chain in Advanced Talks to Sell to Roark Capital, WSJ Reports
A Subway restaurant location in New York.
Photographer: Jeenah Moon/BloombergThis article is for subscribers only.
Private equity firm Roark Capital Group is in advanced talks to acquire sandwich chain Subway for around $9.6 billion, The Wall Street Journal reported on Monday.
Subway is looking to finalize a sale this week, the newspaper reported, citing people familiar with the situation.