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Silver Lake in talks for stake in NZ's All Blacks

US private equity firm Silver Lake is in advanced talks to acquire a minority stake in the commercial activities of New Zealand Rugby, home of the world-renowned All Blacks team, a source with knowledge of the negotiations told Reuters.

The potential transaction was for a stake of "up to 15 per cent" of the three-times winners of the Rugby World Cup, the source said, asking not to be identified because the negotiations are private.

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    Original URL: https://www.afr.com/companies/financial-services/silver-lake-in-talks-for-stake-in-nzs-all-blacks-source-20210112-p56tk6