New Zealand’s Burger King franchise sold to local owners last year for $30.5 million, which is just over a quarter of the price paid by its previous private equity owners in 2011.
Private equity firm Blackstone Group bought the restaurant group in 2011 for $108m but refused to plug more
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).