CVC Capital Partners completed the acquisition of a 14.3% stake in Six Nations, an annual international men's rugby union competition between the teams of England, France, Ireland, Italy, Scotland, and Wales, for $509m. “The sum invested by CVC will be distributed among the six shareholder federations in proportion to the number of licensees in each country. In the first discussion, there was talk of $89m over five years. With the renegotiation, we will be closer to $85m, but this represents a substantial sum which will allow us to continue the redistribution to the clubs and to carry out new projects," Bernard Laporte, French Rugby Federation President. On January 19, 2021, the French Rugby Federation approved CVC's acquisition.