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26 Apr 2024

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McCashin's Brewery pulls out of Veritas deal
McCashin's Brewery won't take a cornerstone stake in food and beverage investor Veritas Investments, backing out of an option to buy a near-20 per cent stake at a hefty premium.In January, 660 Main Road Stoke - which trades as McCashin's...

McCashin's Brewery secures option for stake in Veritas
McCashin's Brewery has acquired an option to buy almost 20 per cent of food and beverage investor Veritas Investments at more than twice the recent market price.Interests connected with former Veritas chief executive Michael Morton...

AsureQuality extends Bureau Veritas partnership to SE Asia
Food testing and biosecurity specialist AsureQuality is extending its partnership with Bureau Veritas into South-East Asia to benefit from the region’s rapid growth

Mad Butcher sale solves immediate Veritas woes; future less certain
Veritas, the listed food and beverage company with the dubious honour of having bought Mad Butcher for $40 million and sold it for $8 million, has a healthier looking balance sheet, but is far from out of the woods yet

Athenahealth fetches $5.7 billion cash buyout offer
A prominent athenahelath investor and a private equity firm will spend about $5.7 billion on the medical billing software maker and take it private.Veritas Capital and Evergreen Coast Capital said Monday they'll pair athenahealth...

Mad Butcher family-owned again, Michael Morton reflects on public route with Veritas Investments
Long-time butcher boss Michael Morton says the Mad Butcher lost friends during its six years owned by public company Veritas Investments.Mad Butcher is again family-owned after Morton and partner Julie Leitch, daughter of founder...

Veritas' Morton to step down after Nomura deal announced
Veritas Investments director Michael Morton will step down from the board next month, after a meeting where shareholders will vote on whether to agree to a $27.5 million loan from Japanese investment bank Nomura Holdings

MARKET CLOSE: NZ shares down, Comvita, A2, Kiwi Property weaken while Veritas shares double in price
New Zealand shares dropped, led lower by Comvita as its possible takeover failed, with A2 Milk continuing last week's losses and Kiwi Property Group dropping on its earnings

McCashin's secures option over Veritas stake
McCashin’s Brewery has acquired an option to buy almost 20 percent of food and beverage investor Veritas Investments at more than twice the recent market price

Mad Butcher sale solves immediate Veritas woes; future less certain
Veritas, the listed food and beverage company with the dubious honour of having bought Mad Butcher for $40 million and sold it for $8m, has a healthier looking balance sheet, but is far from out of the woods yet.The company, which...

Former owner of Mad Butcher, Veritas Investments chairman Tim Cook stepping down
The chairman of Veritas, the company that once owned Mad Butcher and grocery store Nosh, is stepping down.

Veritas annual accounts tagged by auditor over Mad Butcher sale
Veritas Investments reported a profit in 2018 due to the $6.3 million gain from selling the Mad Butcher franchise, though its auditors couldn't confirm that figure, while its only remaining business wrote down $1.2 million in goodwill and assets

Veritas shareholders overwhelmingly back $27.5M Nomura refinancing deal
Veritas Investments shareholders overwhelmingly backed a $27.5 million refinancing deal with Japan's Nomura Holdings which gives the operator of the Better Bar Co a new lease of life