Subscribe today - find out more
Why you should consider BusinessDesk

Burger King’s whopper deal to save itself

Victoria Young
Tue, 15 Jun 2021

Calibre Partners’ Brendon Gibson says the wage subsidy saved Burger King. But several outlets still closed.
Victoria Young
Tue, 15 Jun 2021
When Burger King went into receivership amid New Zealand’s first covid-19 lockdown, the pandemic took the initial blame.But the reality is receivers had already been talking with the company since late 2019, and owner Blackstone had been looking to sell.Calibre Partners’ Brendon Gibson, who worked with the fast-food chain to save the business through negotiating with Burger King NZ’s franchisor, banks, landlords and trade creditors, now says the business wouldn’t have survived if the country hadn’t been in lockdown...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Dalton blinks: Auckland back in the America’s Cup hunt
Pattrick Smellie | Fri, 17 Sep 2021

Plans to announce an offshore host city for the 37th America's Cup are on hold as two of the three rumoured bidders baulk.

Bar owner borrowed $30k to cover wage subsidy delays
Michael Andrew | Fri, 17 Sep 2021

Shaneel Sudhakar faced a 22-day delay in payment of the wage subsidy.

Bridgecorp’s death knell a timely warning
Paul McBeth | Fri, 17 Sep 2021

A new generation of investors would do well to wander through the corporate graveyard of yesteryear.

Demand driven change an easier route to carbon reduction

Taking a demand-driven approach to carbon reduction will naturally bring us into line with government targets.

Kiwi security technology leading the world

Businesses must take advantage of our home-grown, world-leading, internationally-valued cyber defence systems to manage risk.