Laliberté

Cirque du Soleil founder wants to buy back show

Cirque du Soleil founder Guy Laliberte announced on May 24 he intends to try to buy back the world's most famous circus troupe, which is struggling due to the coronavirus pandemic.    

Laliberte, a former stilt-walker-turned-millionaire who co-founded the troupe in 1984, sold his last remaining stake in Cirque in February.

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."