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Silver Lake counter: Kiwi-owned investment company Forsyth Barr enters battle to buy into New Zealand Rugby
14 May, 2021 12:00 AM
5 minutes to read
Everything you need to know about the Forsyth Barr deal. Video / NZ Herald
An alternative offer to Silver Lake, valuing New Zealand Rugby at a colossal $3.8 billion, has been tabled by local investment manager Forsyth Barr.
The Auckland head-quartered company has conducted due diligence on the prospect of NZR selling a five per cent stake in its future commercial revenues through an NZX listing and believes investor demand could potentially raise as much as $650m.
Under the terms of the Forsyth proposal – conducted at the request of the New Zealand Rugby Players Association which is not supportive of selling a stake in the national game to US fund manager Silver Lake - NZR would be able to raise between $170m and $190m, with as much as 40 per cent of the offering being open to mum and dad investors who could buy in for as little
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( MENAFN )Colossal demonstrations carried out in several cities and towns in Myanmar to slam the assassination of two demonstrators at the hands of security forces, and to protest their outrage against the Feb. 1 military coup.
Police and security forces shoot on protesters in Mandalay, the country s second-largest city, assassinating two demonstrators, including a teenage boy who offered his help to aid the wounded.
Anadolu Agency quoted a volunteer medic as saying that many people joined the demonstrations, blocking major intersections in Mandalay. “It is like a sea of people.
Activist than Myat Soe assumed that the security forces had “used live rounds of bullets on the protesters, which is why there were casualties.
Politics 15 February 2021, 11:07 387
Azerbaijani President Ilham Aliyev fully prepared his country and army for Victory, Israeli lawyer, an expert in international law and international politics, Mikhail Finkel told Trend.
He reminded that exactly one year has passed since the world-famous debates held in Germany [Munich Security Conference] between Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan. A wise, far-sighted, experienced politician, President Ilham Aliyev then told Pashinyan that the only and most correct way is to return the occupied lands without war. And if Pashinyan had heeded this wise advice, Armenia would have avoided such human losses, such a colossal blow to the army, prestige, and reputation. There would not be such a big blow to the country s economy,” the expert said.