Mad Butcher sale details show further decline forecast
Independent report values retail franchise at three to four times earnings.
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Hawke’s Bay
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
Wed, 28 Feb 2018
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Mad Butcher sale details show further decline forecast
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