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EQT to Take Majority Stake in Australian Rugby League Club

MT Newswires·08/19/2026 00:21:10
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12:21 AM EDT, 08/19/2026 (MT Newswires) -- Private equity company EQT (EQT.ST) agreed to acquire a majority stake in Australian rugby league football club Melbourne Storm. The stake was acquired through the Mid-Market Opportunities strategy, according to a Tuesday release. EQT plans to invest in the club's key strategic priorities. The club will remain under its current ownership until deal completion.