Cirque du Soleil to be sold for about $1.5 billion: Globe and Mail

April 20, 2015 12:37 PM

3 0

Cirque du Soleil to be sold for about $1.5 billion: Globe and Mail

(Reuters) - Founder Guy Laliberté has agreed to sell control of Cirque du Soleil, the world's largest theatrical production company, for about $1.5 billion, the Globe and Mail reported, citing sources familiar with the matter.

Laliberté is slated to sell majority control of the Canadian performance company to private equity firm TPG Capital LP and Fosun Capital Group, owned by Chinese conglomerate Fosun International Ltd, the newspaper reported.

Also read: Russia says Syrian government controls 93 percent of Aleppo

Read more

To category page

Loading...