www.cirquefascination.com: The Caisse de dépôt et placement du Québec is vying for a minority stake in the Cirque du Soleil as political opposition mounts over the prospect of a foreign takeover of the famed Montreal circus company.
According to people familiar with negotiations, the Caisse has made overtures to potential suitors that it would like to join the winning bid for the Cirque du Soleil by acquiring a minority stake of about 10 per cent. These sources said the Caisse, Canada’s second-largest pension fund managers by assets, is reluctant to buy a bigger stake because the production company is in need of significant capital to revitalize some of its struggling shows and expand into new foreign markets. A Caisse spokesman declined to comment.
No comments:
Post a Comment