Roark to Buy Sandwich Chain Subway For $9.55 BillionÂ
The subway chain will sell itself to Roark capital, an American private equity firm. The agreement is finalised after numerous competing offers, including several clauses that postpone payment on a portion of the purchase price. The 1965-founded Subway has several terms and conditions that postpone payment of some of the deal considerations. The final agreement…
Yash Sharma
Restaurants Raised Discounts To Fend Off Swiggy & Zomato
Large restaurants have increased discounts and promotional offers by 15-20% on their own apps to compete with aggregators like Swiggy and Zomato. This step is taken to reduce the steep commission and search optimisation fees being charged by the aggregators and lower the dependence on them, the industry executives said. India’s largest quick-service chain, Domino’s…
Abdullah Ansari