WELLINGTON (Reuters) -New Zealand's 26 provincial unions on Thursday unanimously approved the sale of a 12.5% stake in the commercial arm of New Zealand Rugby, including the All Blacks national team, to U.S. private equity firm Silver Lake.
The All Blacks are by far New Zealand's best-known sports brand and one of the most successful teams in international sport, winning more than three-quarters of the matches they have played.
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