Subway

Subway eyes US$2.3 billion asset-backed debt sale

SUBWAY is tapping the asset backed securities market for the second time this year as the sandwich restaurant chain looks to borrow US$2.3 billion.

Subway announces the new 10-year pact to serve PepsiCo products such as Mountain Dew sodas, Tropicana juices and Gatorade sports drinks.

PepsiCo to replace Coca-Cola at Subway’s US locations

PEPSICO has reached an agreement to become the exclusive provider of beverages at all Subway sandwich shops in the US, replacing rival Coca-Cola as the drink supplier to one of the nation’s largest ch...

Subway has been owned by its founding families since its first outlet opened in 1965 as “Pete’s Super Submarines” at Bridgeport, Connecticut.

Sandwich chain Subway agrees to sell itself to Roark Capital

SANDWICH chain Subway would sell itself to private equity Roark Capital for US$9.55 billion after agreeing to attach conditions to some of the windfall the two families that own it will get, sources s...

Originally founded in 1965 as an Italian-style submarine sandwich shop, Subway today has nearly 37,000 restaurants in more than 100 countries.

Subway nears deal to be bought for more than US$9 billion: source

THE Subway sandwich chain is near a deal to be acquired for more than US$9 billion in a transaction that could be announced as soon as Wednesday, a person familiar with the matter said.

Subway’s deal with master franchisee Shanghai Fu-Rui-Shi Corporate Development (FRS) is the largest such agreement in Subway’s history.

Subway inks deal for 4,000 new sandwich shops in China over next 20 years

SUBWAY reached an agreement with a master franchisee to open nearly 4,000 new sandwich shops across mainland China over the next 20 years, it said on Tuesday (Jun 6).