Apollo Global makes $64-per-share offer to take over Papa John’s
In June 2025, Apollo and Irth Capital Management put forward a joint bid of just above $60 per share.
 
                    15 October 2025
15 October 2025
In June 2025, Apollo and Irth Capital Management put forward a joint bid of just above $60 per share.
The quick-service restaurant chain achieved 6.3% growth in global retail sales, with US same-store sales up 5.2%.
The collaboration adds Block’s Cash App Pay as a checkout option for Grubhub customers.
Chandra attributed the collapse to increasing operating costs and a sharp fall in customer numbers.
The chain aims to push further into markets including Laos, the Philippines, Japan, Oman and Bahrain.
Operated by the chain’s managing partner Eric Derrico, the new site can accommodate 112 customers.
The fast-casual diner concept will occupy the former Debenhams unit at Westwood Cross Shopping Centre.
 
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