Heartland Bank appointed receivers to the group in April and is owed close to $8.9m under various security agreements.
The $200m deal creates a new entity for the revenue earning aspects of New Zealand rugby.
They can’t be recharged, but name suppression not finalised yet.
The new agreement gives Silver Lake a lower stake in a higher-valued entity.
The new board members comprise existing investors and a happy co-incidence.
Regulation and government support helping to bring AI into the mainstream.
Listed cinema software company says US$6.5m buy shows confidence in movie-going.
The last time prices were this high was in April 2013.
Snazzy Fruit Co. first to buy licence to grow Roxy, bred by Tasman-based Fashion Foods.
No decision yet, but could be ‘in near term’.