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Pro 14 Completes Investment Deal With CVC.

: 05/22/2020 - 12:23

The Guinness PRO 14 has received a major financial investment.

They’ve completed a deal with private equity group CVC, who have acquired a 28 percent stake in the competition.

The Times report that the deal is worth more than 125 million euro.

The equity group have become major backers of rugby in recent years, acquiring a similar stake in the English Premiership in 2018, while they are also reportedly close to investing in the Six Nations.

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