Veritas and Burger King owner agree to sell assets of disputed meat patty business

Mon, 28 Mar 2016

By Paul McBeth March 29 (BusinessDesk) - Veritas Investments and local Burger King franchise operator Anatares Restaurant Group have agreed to sell the assets of their joint venture which supplied beef patties to the fast food operator after the deal broke down last year. The shares slumped. The parties were locked in a dispute over the interpretation of the supply deal, which was set to end on April 24 after Antares won an arbitration hearing, which Veritas had planned to appeal before changing its mind. The Auckland-based company today...

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