NZ Rugby's double IPO option revealed

Investment will flow through to the Pacific Island game. (Image: NZME)

Wed, 27 Sep 2023

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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