The fast food chain giant Subway is also about to sell, worth more than 10 billion U.S. dollars

Subway is seeking a sale at a valuation of more than $10 billion, according to people familiar with the matter. The deal is in its early stages and is expected to attract potential corporate buyers and private equity firms, the sources said, adding that Subway may still ultimately decide not to sell. | Related Reading (Wall Street Insights)

Faintly

Subway used to be my favorite fast food brand, but in recent years, I personally feel that this brand has a tendency to be forgotten in China. On the one hand, the market competition is fierce. On the other hand, Subway’s taste is stable, the refurbishment rate is not high, and there are relatively few actions in localized marketing. The advantage of this is that Subway can provide a A stable option, but like McDonald’s, fast food giants all over the world are busy laying off employees, reducing business, and digital transformation to cut costs and promote growth, in order to cope with the increasingly uncertain economic situation in 2023, Subway seems a bit too calm . Therefore, it may be a matter of course to sell one’s body, and as the analyst said, it may not be a good time now. If Subway is a rising brand, there may be more potential buyers.

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