The deal to sell the stake, the size of which was not disclosed, to a group led by Texas-based TPG Capital LP values Montreal-based Cirque at about $1.5 billion, according to people familiar with the matter..
The group includes Fosun Capital Group, owned by Chinese conglomerate Fosun International Ltd. Canada's second-largest pension fund, Caisse de dépôt et placement du Québec, will take a minority stake.
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