Subway explores sale that could value it at over $10 billion- WSJ By Reuters


© Reuters. FILE PHOTO: The Subway restaurant logo is seen on a napkin in this illustration photo August 30, 2017. REUTERS/Thomas White/Illustration

(Reuters) – Sandwich chain Subway has retained advisers to explore a sale of the closely held company, the Wall Street Journal reported on Wednesday, citing people familiar with the situation.

The process, which is in the early stages, is expected to attract potential corporate buyers and private-equity firms, the report said.

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