J.P. Morgan is serving as financial advisor and Sullivan & Cromwell LLP is serving as legal counsel to Subway. Timing is subject to regulatory approvals and customary closing conditions.
“After our expansion in the North, we will continue by tapping at least one or two more big cities throughout the course of the following year,” he pointed.
Fuelled by a deep-rooted desire to bring the joy of pancakes to every Indian home, Uncle Peter’s Pancakes is on a rapid growth trajectory, with a vision to establish over 200 stores across India within the next three years.
With this new additions, Southpaw, which is one of the largest franchisee of Taco Bell in the region now has ownership of 115 locations across five states.
The company also plans to invest in efficiency management systems, including enterprise resource planning (ERP) software to strengthen their business operation and support its projected growth.
Across Madhya Pradesh, the brand expects to establish 22 new locations in multiple cities, offering its signature flavours and unique gourmet offerings.