Cirque du Soleil to be sold for about $1.5 billion
Founder Guy Laliberté has agreed to sell control of Cirque du Soleil, the world’s largest theatrical production company, for about $1.5 billion.
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.
Laliberté will continue to hold a 10 percent stake under the deal.
TPG Capital did not immediately comment.