Rugby-NZ provincial unions to vote on Silver Lake deal next month ...Middle East

New Zealand Rugby (NZR) has called a special general meeting in Auckland on June 2 to allow member unions to vote on a private equity investment from U.S. firm Silver Lake, the last step in the approval process for the groundbreaking deal. The deal, which values NZR's commercial assets at NZ$3.5 billion ($2.21 billion), would see Silver Lake take 5.71%-8.58% of a new commercial entity following an additional co-investment offered to New Zealand institutions later in the year.

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