Silver Lake's global ambition won over NZ rugby

Silver Lake's global ambition won over NZ rugby
The players’ association has questioned Silver Lake’s ability to deliver on its promise.
Paul McBeth
Silver Lake Partners has won over New Zealand’s 26 provincial rugby unions in what’s seen as a windfall for the local game, but the private equity firm’s ambitions span wider than just the black jersey.The proposal still needs to clear the NZ Rugby Players’ Association, which represents the 300 to 400 professional rugby players, but the cash-starved provinces were unanimous in backing the $387.5 million sale of a 12.5% stake in NZ Rugby’s commercial business.Chair Brent Impey – who was chief executive of Medi...

More Services

$1.65b project to simplify switching banks a 'flop'
Finance

$1.65b project to simplify switching banks a 'flop'

Open banking has hindered competition rather than helping it, says lobby.

AAP 04 Jul 2024
Hundreds of ECE centres backtracking on pay parity
Policy

Hundreds of ECE centres backtracking on pay parity

96% of daycares have opted into pay parity, but govt funding doesn't match the costs.

Demand pricing may be coming to a movie theatre near you
Markets

Demand pricing may be coming to a movie theatre near you

NZX-listed Vista is rolling out a suite of AI innovations.

Govt 'will consult' on NZ Post review, minister says
Services

Govt 'will consult' on NZ Post review, minister says

The deadline for a review of the postal service is up this month.

Maria Slade 14 Jun 2024