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Hot Topic Hawke's Bay
Hot Topic Hawke's Bay
1 mins to read

Takeovers Panel still probing Burgerfuel buyback

Related party transaction may breach code's creep provision.  

Tim Hunter
Mon, 02 Jul 2018

A share buyback deal for fast food franchisor Burgerfuel announced last month remains under scrutiny by the Takeovers Panel over its effective boost to the ownership of managing director Josef Roberts.

Under the deal, Burgerfuel’s US shareholder, Franchise Brands, is to sell its 10% stake for

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Tim Hunter
Mon, 02 Jul 2018
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Takeovers Panel still probing Burgerfuel buyback
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