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NZ Rugby and players’ union finalise Silver Lake deal worth initial NZ$200m

The All Blacks perform Haka before match vs Ireland at Aviva Stadium on November 13, 2021 in Dublin (Photo by Charles McQuillan/Getty Images)

New Zealand Rugby and the New Zealand players’ union have agreed to an initial NZ$200m ($134.1m/€177.9m) investment in NZR’s commercial rights by US-based private equity company Silver Lake Partners.

The agreement, which is still subject to approval by the country's provincial unions and the Māori Rugby Board, sees Silver Lake acquire a 5.71-per-cent stake in a new entity housing the commercial rights. The shareholding has the potential to climb to 8.58 per cent.

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