BREAKING NEWS

Chinese and US investors buy Canada's Cirque du Soleil

Chinese and US investors buy Canada's Cirque du Soleil
Text size Aa Aa

Canada’s Cirque du Soleil has sold a majority stake to Chinese and American investors.

The buyers are US private equity firm TPG Capital and China’s Fosun Capital Group.

It’s reported the deal values the globally renowned performance troupe at around 1.3 billion euros.

Guy Laliberte, who founded the outfit in 1984, has retained a minority stake.

Since its creation, Cirque du Soleil has expanded rapidly and now employs 4,000 staff to put on intricate artistic and acrobatic shows around the world for some 15-million people per year.

Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.