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Mad Butcher sale details show further decline forecast

Independent report values retail franchise at three to four times earnings.  

Tim Hunter
Wed, 28 Feb 2018

Investment company Veritas says it expects to repay $5.4 million to its banker ANZ after selling its Mad Butcher franchise, reducing its total debt to $21.6 million.

A special meeting of Veritas shareholders will take place on March 16 to vote on the sale of the Mad Butcher business to interests

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Tim Hunter
Wed, 28 Feb 2018
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Mad Butcher sale details show further decline forecast
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