Buyer for Burger King emerges

Tue, 20 Oct 2020

An investment group including former NZ Breakers owner Paul Blackwell has agreed to buy Burger King from its receivers.Tahua Partners, which in 2018 purchased Starbucks New Zealand from Restaurant Brands, said it has signed a binding agreement to acquire the burger chain.A group of companies associated with Burger King has been in receivership since April owing $52 million. The trading entity Antares Restaurant Group was not moved into receivership.Blackstone bought the Burger King entities in 2011 for $108 million.Tahua Partners’ other d...

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