Cirque du Soleil sells majority stake to TPG, Chinese partner: Reuters
Cirque du Soleil, the ragtag group of street performers that grew into an entertainment colossus, is selling a majority stake to a U.S. private equity fund and its Chinese partner, Reuters reported. The deal to sell to a group led by TPG Capital values the Montréal-based Cirque at about US$1.5 billion. The Caisse de dépôt et placement du Québec will hold a 10 percent interest in the company, while founder Guy Laliberté will keep the remaining 10 percent.
21 April 2015•2 mins read
