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Silver Lake counter: Kiwi-owned investment company Forsyth Barr enters battle to buy into New Zealand Rugby

Silver Lake counter: Kiwi-owned investment company Forsyth Barr enters battle to buy into New Zealand Rugby
14 May, 2021 12:00 AM
5 minutes to read
Everything you need to know about the Forsyth Barr deal. Video / NZ Herald
An alternative offer to Silver Lake, valuing New Zealand Rugby at a colossal $3.8 billion, has been tabled by local investment manager Forsyth Barr.
The Auckland head-quartered company has conducted due diligence on the prospect of NZR selling a five per cent stake in its future commercial revenues through an NZX listing and believes investor demand could potentially raise as much as $650m.
Under the terms of the Forsyth proposal – conducted at the request of the New Zealand Rugby Players Association which is not supportive of selling a stake in the national game to US fund manager Silver Lake - NZR would be able to raise between $170m and $190m, with as much as 40 per cent of the offering being open to mum and dad investors who could ....

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Oregon Lawmakers Extend Rent Repayment Deadline

Credit Chris Lehman / KLCC
As the coronavirus pandemic unfolded last year, Oregon lawmakers voted to give renters the freedom to delay paying their rent. They extended that grace period again last winter, but it expires at the end of June.

Senate Bill 282 would extend it again, through the end of February. Rep. Wlnsvey Campos, D-Aloha, said people who are still struggling with employment setbacks need more time to catch up.
“I ask that we set aside the myth that the majority of renters aren’t doing everything they can to pay their rent, and instead focus on supporting Oregon’s tenants and landlords by passing this bill, said Campos. ....

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House passes bill requiring school buses entering service to have seat belts

House passes bill requiring school buses entering service to have seat belts
KATC
Posted at 8:22 PM, May 11, 2021
and last updated 2021-05-11 21:22:07-04
BATON ROUGE The House passed a bill 55-44 Tuesday to require any school bus entering the school system in 2023 or after to have seat belts for passengers.
Rep. Robby Carter, D-Amite, said he brought the bill because he knows that the state will not be able to appropriate the funds to require seat belts for passengers in all school buses retroactively.
Carter brought a successful bill in 2004 to require seat belts in school buses, but he did not find a way to fund that bill. Now, 17 years later, he hopes to pass legislation that will actually make the change he meant to make earlier in his career. ....

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Judge strikes down CDC halt on evictions; what Alabamians need to know

Judge strikes down CDC halt on evictions; what Alabamians need to know
Judge strikes down CDC halt on evictions; what Alabamians need to know
By Caroline Klapp | May 5, 2021 at 11:49 PM CDT - Updated May 5 at 11:56 PM
HUNTSVILLE, Ala. (WAFF) - As of Wednesday, there are no more protections against eviction for failure to pay rent.
A federal judge ruled in favor of the Alabama Association of Realtors after it sued to stop the CDC’s eviction moratorium.
For months there have been no state rulings protecting people from evictions, only federal ones. But as of Wednesday, that’s over. At least for now. ....

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White House races to clear rent relief logjam as mass evictions loom

White House races to clear rent relief logjam as mass evictions loom
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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