Private equity giant CVC Capital Partners has bought into the Guinness Pro14, its Irish holding company confirmed.
The deal is speculated to be worth in the region of £100 million and involve a 27 per cent stake.
A Guinness Pro14 spokesman confirmed the deal but would not comment on the financial arrangement involved.
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team