Subway Reportedly Exploring Potential Sale At $10B Valuation
View Source | January 13, 2023 3:30 am
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- The report said it’s possible Subway could still decide against selling the company.
- “As a privately held company, we don’t comment on ownership structure and business plans,” Subway said in a statement. “We continue to be focused on moving the brand forward with our transformational journey to help our franchisees be successful and profitable.”
- The sale talks emerged during a transitional period for Subway, which unveiled a revamped menu last year in a bid to bolster sagging sales.
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