The troupe has entered into a purchase agreement with its current shareholders.
In a statement, Cirque du Soleil said it has entered into a purchase agreement with its current shareholders, including a mix of investors from the US, Canada and China.“For the past 36 years, Cirque du Soleil has been a highly successful and profitable organisation.
But the pandemic left it fighting for survival, forcing it to cancel shows worldwide, from Las Vegas to Tel Aviv, Moscow to Melbourne, and furlough more than 4,500 acrobats and technicians – or 95% of its workforce.Founder Guy Laliberte had announced in May he was interested in trying to buy back the troupe, adding he wanted to keep the headquarters in Montreal and keep a Quebecois management team.
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