Global alternative asset management firm Apollo Global has withdrawn its proposal to take Papa John’s private at $64 per share, Reuters reported, citing sources. According to those sources, the company abandoned the bid around the end of October 2025, amid signs of weakening consumer spending and early strains in the quick-service restaurant (QSR) sector. The sources spoke on condition of anonymity because the discussions were private. Requests for comment to Apollo and Papa John’s were not immediately ...