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A new development in the agreement with the investment fund Silver Lake

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The New Zealand Rugby Union will present the access of the Silver Lake Partners investment fund as part of its operations to a vote that will take place on 2 June, during the Extraordinary General Assembly that brings together the provincial unions.

New Zealand Rugby announced the partnership in February with the American representative. The announced initial investment amounted to approximately 120 million euros. But in April, this project was paused After the provinces of New Zealand requested more information.

This Wednesday, L’Equipe announced this June 2 vote that will make it possible to make a decision on the Silver Lake investment, which will be a landmark agreement for New Zealand Rugby.

Under the terms of the transaction, Silver Lake will take between 5.71% and 8.58% of a new business entity

to summarize

The New Zealand Rugby Union will present the access of the Silver Lake Partners investment fund as part of its operations to a vote that will take place on 2 June, during the Extraordinary General Assembly that brings together the provincial unions.

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