Sullivan & Cromwell Reps Subway On Sale To Roark Capital

By Elaine Briseño and Al Barbarino (August 24, 2023, 8:53 AM EDT) -- Sullivan & Cromwell LLP-led Subway confirmed Thursday it has agreed to be acquired by affiliates of private equity firm Roark Capital, in a reported $9.6 billion deal that the sandwich chain said will help expand its "global presence and brand strength" with Roark's restaurant and franchise expertise....

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