Blackstone-owned Burger King NZ enters receivership
The Burger King New Zealand franchise, which was acquired by The Blackstone Group for NZ$108 million ($86 million) in 2011, has been placed into receivership.
Corporate filings indicate that KordaMentha has been appointed as receiver for three entities – Antares New Zealand Holdings, Tango New Zealand, and Tango Finance – that are said to be the shareholding...
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