Silver Lake reportedly buying All Blacks stake

Silver Lake reportedly buying All Blacks stake
The All Blacks in action
Dan Brunskill
US technology investment firm Silver Lake is reportedly in late-stage talks to buy a 15 percent stake in New Zealand Rugby that would value the organisation at $2 billion.Sky News has reported that the global technology investment firm may announce a deal to acquire a minority holding in the commercial rights arm of the All Blacks owner as early as this month.The talks are yet to be concluded but reportedly involved the purchase of a 15 percent stake for $300 million, valuing NZ Rugby at $2 billion. That would value the organisation at roughly...

More Markets

NZ sharemarket claws back to end the week up 0.5%
Markets Market close

NZ sharemarket claws back to end the week up 0.5%

Index rumours drive prices on two shares. 

Graham Skellern 13 Dec 2024
Staff leave Meridian after retail 'reset'
Markets

Staff leave Meridian after retail 'reset'

Expect a very different approach from Meridian in 2025, executive says.

John Anthony 13 Dec 2024
NZX, NZSA want level playing field in climate reporting
Markets

NZX, NZSA want level playing field in climate reporting

Climate reporting liabilities for company directors could soon be eased.

Greg Hurrell 13 Dec 2024
Cannasouth delisting keeps Petterson in charge
Markets

Cannasouth delisting keeps Petterson in charge

Cannasouth major shareholders pushed to end voluntary administration they had called in.

Garth Bray 13 Dec 2024