Quebec government

US and Chinese investors buy Cirque du Soleil

American private equity firm TPG and China's Fosun on April 20 bought Canadian entertainment juggernaut Cirque du Soleil for an undisclosed sum as the carnival looks to expand in Asia.

The circus troupe's founder Guy Laliberte retains a small stake of the Montreal-based company he started in 1984 and will continue providing "strategic and creative input."