Rumored sale of Subway sandwich chain could bring in $10 billion
The bread-centric chain, biggest in the U.S. by number of locations, has seen a recent upturn.
According to the Wall Street Journal, the owners of Subway have retained advisers to look into a potential sale of the company.
In a process reported to still be in its early stages, the sale could attract a number of potential buyers as well as private-equity companies. Further, the deal could value the global giant at more than $10 billion—however, a sale or other deal is not a certainty.