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Court approves Burger Fuel capital return

However, ‘process failings’ were identified in the judgment.

Burger Fuel received final orders for the capital return scheme of arrangement proposed last year.

Kate McVicar Tue, 28 May 2024

Burger Fuel has been granted permission by the court to proceed with returning excess capital to shareholders, rather than holding on to it for expansion capital. 

In a judgment issued yesterday, Justice Peter Andrew decided the NZX-listed food retailer could continue with the capital return that

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Kate McVicar Tue, 28 May 2024
Contact the Writer: kate@nbr.co.nz
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Court approves Burger Fuel capital return
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