Private Equity Firm Advent Pauses Subway Pursuit as Auction Process Drags On

Advent International has stopped working on a potential deal for Subway as the auction of the sandwich chain drags on, according to people familiar with the matter. #press

https://www.bloomberg.com/news/articles/2023-08-03/advent-said-to-pause-subway-pursuit-as-auction-process-drags-on?utm_source=press.coop