Laliberte sold his remaining shares in the famed circus last February
MONTREAL — Cirque du soleil founder Guy Laliberte says he wants to buy back the internationally celebrated circus company he created more than 35 years ago.
“Today, I took the decision to embark on the purchasing process,” he said on Radio-Canada’s Tout le monde en parle. The circus, however, owes more than $1.25 billion to creditors and has been shut down since the start of the COVID-19 pandemic.Cirque du Soleil founder Guy Laliberte speaks at a news conference in Montreal on April 20, 2015.
He sold the 10 per cent he had remaining in the company to Quebec’s pension fund, Caisse de depot et placement du Quebec, last February. The amount wasn’t made public but the value of that block of shares has been estimated at more than $100 million.
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