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Advent, Bain and TPG show appetite for Subway deal
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fnlondon.comA trio of buyout giants are reportedly teaming up to explore a joint bid for sandwich chain Subway.
US private equity firms Advent International, Bain Capital and TPG are mulling a takeover of Subway, according to Sky News.
An auction of the food chain, which is being run by bankers at JP Morgan, is expected to fetch a sum of between $8bn...
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