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

SkyCity downgrades 2025 full-year guidance again
Markets

SkyCity downgrades 2025 full-year guidance again

The casino operator says foot traffic is holding, but spending is falling.

Steven Joyce in line to become new NZME chair under compromise deal
Markets

Steven Joyce in line to become new NZME chair under compromise deal

Former National Party Cabinet minister Steven Joyce is in line to be the new chair of media company NZME under a compromise deal between businessman Jim Grenon, other major shareholders and the company’s existing directors.NZME chair Barbara Chapman is reportedly preparing to ste...

NZX rebound continues, Precinct Properties up 5.5%
Markets Market Close

NZX rebound continues, Precinct Properties up 5.5%

Market nerves have settled, says Forsyth Barr's Peter Sigley.

Gregor Thompson 05 May 2025
Westpac's NZ net interest margin expands again
Finance

Westpac's NZ net interest margin expands again

Net interest margins rose in NZ, but shrank for the group as a whole.

Pattrick Smellie 05 May 2025