TPG, Fosun in the lead to acquire Cirque du Soleil -sources

April 16, 2015 1:23 AM

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April 15 (Reuters) - A consortium of private equity firm TPG Capital LP and Chinese conglomerate Fosun International Ltd is in the final stages of negotiations to acquire Cirque du Soleil, according to people familiar with the matter.

TPG and Fosun have prevailed in an auction for the world's largest theatrical production company over a rival private equity consortium comprising CVC Capital Partners Ltd and Providence Equity LLC, the people said on Wednesday, confirming an earlier report in Canadian newspaper The Globe and Mail.

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