Commission knifes Burger King — and SA investment
Despite the commission’s refusal, Burger King’s would-be buyers are still keen. It’s up to the tribunal to salvage a deal
The Competition Commission’s relish in upholding black ownership at fast-food chain Burger King could leave investors — local and foreign — with serious indigestion.
And its assertions that Emerging Capital Partners (ECP), which wanted to buy the assets from Grand Parade Investments (GPI), wasn’t prepared to make concessions simply aren’t true...