
Bloomberg: The delivery service Panera announced on Monday that it is shutting down its iOS app in the U.S. and Canada, saying that it was unable to deliver its products.
The service is expected to return to normal service later this week.
The decision to close the app comes after Panera, the second-largest U.K.-based company, said it was considering selling its assets to raise $100 billion, or $1.1 trillion, from a group of investors led by Warren Buffett’s Berkshire Hathaway.
In an e-mail to customers, Panera said it will continue to offer its products and services as normal.
The company said it would continue to invest in its employees and communities.
The announcement came on the heels of a report from Bloomberg that Apple is looking to buy Panera.
The tech giant has been in talks with Panera to buy the company, according to Bloomberg.
Apple has not yet said whether it will pursue an acquisition.
Panera is one of the biggest providers of bread in the world, serving more than 40 million customers.