Elevate your local knowledge
Sign up for the iNFOnews newsletter today!
Report says international circus giant Cirque du soleil close to being sold
MONTREAL – A published report says U.S. private equity firm TPG Capital is close to completing a deal to take over Cirque du soleil, Quebec’s famed circus company.
The Globe and Mail said Wednesday the deal likely involves Quebec’s public pension fund manager, the Caisse de depot et placement, as well as a large Chinese investment fund.
Rumours have been circulating for several weeks that the Cirque’s majority owner, Guy Laliberte, has been looking to sell all but 10 per cent of his shares in the company.
Earlier reports of a sale sparked consternation in Quebec political circles, with Premier Philippe Couillard issuing an appeal in late March to Laliberte to keep the company’s head office in Montreal.
News from © The Canadian Press, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Join the Conversation!
Want to share your thoughts, add context, or connect with others in your community?
You must be logged in to post a comment.
