| Decision | Consent granted Section 13(1)(a) Overseas Investment Act 2005 |
|---|---|
| Decision maker | Toitū Te Whenua Land Information New Zealand |
| Decision date | 2 March 2026 |
| Pathway | Significant business assets |
| Investment | Internal restructure increasing the Applicant’s control interest in New Zealand Rugby Commercial GP Limited from 22% to 29%, while its equity interest in New Zealand Rugby Commercial LP and New Zealand Rugby Commercial GP Limited remains at 7.354% |
| Consideration | $0 The transaction is an internal governance restructuring and does not involve the payment of financial consideration. |
| Applicant | SL Future Limited North America Region 100% |
| Vendors | New Zealand Rugby Commercial GP Limited as the general partner of New Zealand Rugby Commercial LP New Zealand 93% North America Region 7% |
| Background | This transaction is a restructuring of the board of New Zealand Rugby Commercial GP Limited (as the general partner of New Zealand Rugby Commercial LP) to reduce the number of board members from 9 to 7. This means the Applicant’s control interest will increase from under 25% (22.22%) to 28.57%. New Zealand Rugby Commercial runs the global commercial business of the professional game of rugby in New Zealand including the All Blacks. Consent was granted as the Applicant has met the investor test criterion. |
| More information | Cath Shirley-Brown Russell McVeagh PO Box 10-214 Wellington |
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