Reading Time: 3 minutes New York | Reuters — Private equity firm Roark Capital agreed on Thursday to buy Subway, in a deal that people familiar with the matter said values the U.S. sandwich chain at up to US$9.55 billion, including debt, subject to targets in its financial performance. The deal marks the conclusion of a drawn-out auction that […] Read more
Deal for Subway chain worth up to US$9.55 billion
Arby's, Jimmy John's parent wins with 'earn-out' deal
Subway reportedly nears sale to Arby’s owner
Chain's parent firm considering sale since February
Reading Time: 2 minutes Reuters — Roark Capital, which owns restaurant chains Arby’s and Buffalo Wild Wings, is nearing a deal to buy sandwich chain Subway for about US$9.6 billion, the Wall Street Journal reported Monday. A deal could be finalized this week, the report said, citing people familiar with the matter. “Subway does not intend to make any […] Read more
Fairfax proposes takeover of Recipe dining group
Chains include The Keg, Swiss Chalet, Harvey's
Reading Time: < 1 minute Reuters — Recipe Unlimited Corp. said on Tuesday shareholder and investment firm Fairfax Financial Holdings has proposed to take the Canadian restaurant operator private for $1.23 billion, sending its shares up nearly 50 per cent. The offer price marks a premium of more than 53 per cent to Recipe’s last close. The shares have fallen […] Read more
A message from April Stewart, Country Guide's Associate Editor
