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11 Jul 2020 18:48
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  •   Home > News > Business

    New Zealand Rugby is believed to be wooing a multi-billion dollar investment company, for a much needed financial boost

    New Zealand Rugby is believed to be wooing a multi-billion dollar investment company, for a much needed financial boost


    The NZ Herald reports NZR has been in talks with Silver Lake, which has 40-billion dollars in assets, including an investment in the UFC.

    The investment would likely come in the form of a subsidiary company or a stake in a competition.

    It comes as NZR is looking to cut up to 50-percent of staff to save money.

    INTERNATIONAL RUGBY WITH ACCESS SOLUTIONS - ELEVATING YOU AND YOUR BUSINESS TO A HIGHER LEVEL.

    © 2020 Newstalk ZB, NZCity


     Other Business News
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     10 Jul: The Police Minister expects a major Mongrel Mob bust will make a big dent in drug harm and violent offending
     10 Jul: Retail internet providers are disappointed in Chorus' rise in fibre prices
     10 Jul: Christchurch business leaders want to see if there's any meat on the bones of Todd Muller's five pillar plan to revive the economy
     10 Jul: The nation's 30 power companies are calculating where electricity prices will go when Rio Tinto closes the doors on its Southland smelter at Tiwai Point
     10 Jul: Domestic travel has seen a spike with trips to Australia and the Pacific Islands called off during the school holidays
     09 Jul: A multi-million dollar investment for infrastructure projects in Whangarei
     Top Stories

    RUGBY RUGBY
    Nullifying the Blues lineout is one of the major challenges facing the Crusaders tonight More...


    BUSINESS BUSINESS
    Elon Musk's net worth has soared to make the chief executive officer of Tesla Inc the seventh richest person in the world More...



     Today's News

    Entertainment:
    Naya Rivera is missing and presumed dead 18:41

    Business:
    Elon Musk's net worth has soared to make the chief executive officer of Tesla Inc the seventh richest person in the world 18:37

    Entertainment:
    Javicia Leslie is set to replace Ruby Rose as Batwoman 18:11

    Law and Order:
    Police have responded to a report of a firearm incident in Rotorua 18:07

    Entertainment:
    Niall Horan has a new girlfriend 17:41

    Motoring:
    Motorists in Wellington are being advised to expect delays on State Highway 1 because of a crash 17:27

    Entertainment:
    Mariah Carey has completed her memoir 17:11

    Rugby:
    Nullifying the Blues lineout is one of the major challenges facing the Crusaders tonight 16:57

    Entertainment:
    Amy Schumer wants to "help women feel better about themselves" 16:41

    Accident and Emergency:
    Emergency services are responding to a serious car crash near Lake Rotoma in the Rotorua District 16:37


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