NZ Rugby's double IPO option revealed

NZ Rugby's double IPO option revealed
Investment will flow through to the Pacific Island game. (Image: NZME)
Paul McBeth
Trevor McKewen
New Zealand Rugby’s ambitions to rule the global game might trigger two initial public offerings if they all go to plan. The NZ Rugby Players’ Association extracted a promise to review an IPO of the national rugby union’s commercial operations in five years as part of their support for US private equity firm Silver Lake’s $200 million injection into NZ Rugby’s commercial operations. The second prospective IPO hinges on the success of the Global Rugby Opportunities entity slated to be stood up by Silver La...

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