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Cost of living bites: is it worth paying extra for a large fries at Burger King?

Cost of living bites: is it worth paying extra for a large fries at Burger King?
stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.

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Cost of living: Is it worth paying extra for a large fries at Burger King?

Cost of living: Is it worth paying extra for a large fries at Burger King?
stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.

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Burger King sold for $30m to Tahua Capital leaving banks out of pocket

The franchise was owned by Antares Restaurant Group, which was bought by United States private equity firm Blackstone Group under the name of Tango Holdings in 2011 for $108m. Blackstone Group tried to sell the business in 2019 but was unable to find a suitable buyer. ROBERT KITCHIN/Stuff Burger King has been sold for $30.5m million, leaving secured creditors out of pocket. A compromise deal with reached with Burger King’s secured creditors, allowing the company to continue trading. However, five Burger King restaurants – Lambton Quay, Courtenay Place in Wellington, and Queen St, Takapuna and West City in Auckland – closed as part of the deal.

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Sale tipped of giant NZ supermarket: from one multimillionaire to another

Sale tipped of giant NZ supermarket: from one multimillionaire to another 6 Jan, 2021 11:00 PM 7 minutes to read Supermarket sales: one store owner buying another. Photo / Greg Bowker The supermarket thought to have the largest revenue of any in New Zealand is tipped to be sold to a former shelf stacker. In a deal due to settle later this year and which could be for around $50 million, insiders say the transition is on although owners are yet to confirm that. Read More Pak nSave Albany, long owned by Paul and Liz Blackwell, is planned to be sold this August to the prominent owner of New World Victoria Park, Jason Witehira, executives say.

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