Subway is one of the largest fast food restaurant chains in the world.
(Photo: Reuters)
According to a media report, the asset management company of the US bank Goldman Sachs is one of those interested in the US sandwich chain Subway, which could change hands for around ten billion dollars. Other interested parties included Bain Capital, TPG and TDR Capital, broadcaster Sky News reported on Saturday. Subway said in February it was reviewing a possible sale of the business due to rising costs and growing competition.
Goldman Sachs and TPG declined to comment on the report on Saturday. Subway, Bain Capital and TDR did not initially respond to a request for comment.
With more than 37,000 branches in 100 countries, Subway is one of the largest fast-food restaurant chains in the world. The company has been owned by the two founding families for more than 50 years. There had already been reports of a possible sale in 2021. Subway had denied that at the time.
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