Silver Lake counter: Kiwi-owned investment company Forsyth Barr enters battle to buy into New Zealand Rugby - News Summed Up

Silver Lake counter: Kiwi-owned investment company Forsyth Barr enters battle to buy into New Zealand Rugby


Video / NZ HeraldAn alternative offer to Silver Lake, valuing New Zealand Rugby at a colossal $3.8 billion, has been tabled by local investment manager Forsyth Barr. NZ Rugby chief executive Mark Robinson and Players' Association boss Rob Nichol. "Make a capital contribution to CommercialCo of $50m as per the Silver Lake proposal. New Zealand Rugby chairman Brent Impey has come out strongly in support of the Silver Lake proposal. Photo / PhotosportUnder the Silver Lake proposal, there will be sufficient spare cash reserves generated that NZR will ring fence for community game investment.


Source: New Zealand Herald May 14, 2021 00:02 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */