Veritas gets extension on Nosh sale deadline as stoush with Constellation Drive franchisee brews

Mon, 16 Jan 2017

By Edwin Mitson Jan. 16 (BusinessDesk) - ANZ Bank New Zealand has agreed to extend the deadline for Veritas Investments to either sell or begin winding up its Nosh food supermarkets until the end of the month. In a statement to the NZX, Veritas said it had "received a number of approaches from potential purchasers of Nosh" and the board is in discussions with several parties about a potential sale of Nosh. The owner of the Nosh franchise on Constellation Drive in Auckland's Mairangi Bay has dropped the Nosh brand from its store. Veri...

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