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A consortium of four companies has submitted a rival bid of 6.7 billion rand ($372 million) to acquire a stake in the commercial rights of South Africa's Springboks, the reigning rugby world champions. The group, which includes AltVest Capital, EasyEquities, 27four Investment Managers, and RainFin, aims to purchase up to 40% of the rights through an entity named Saru Commercial Rights Co. This proposal was communicated in a letter to the leaders of the South African Rugby Union.
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Rival Group Bids 372 Million Dollars for South African Rugby Rights
07:02 06.12.2024
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