CDPQ increases its stake in Cirque du Soleil Entertainment Group

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Caisse de dépôt et placement du Québec (CDPQ) announced today that it is increasing its stake in Cirque du Soleil Entertainment Group (Cirque du Soleil), a leader in the live entertainment industry. As part of this transaction, CDPQ is acquiring the holdings of the company’s founder, Guy Laliberté, who will remain involved in the company’s creative process and retain economic interests. false false false Since CDPQ became a Cirque du Soleil shareholder in 2015, the company has made three acquisitions to diversify its product offering and markets. Cirque du Soleil Entertainment Group currently employs over 4,900 people, including 1,500 in the Montréal head office, and has around fifty permanent and touring shows around the world. Following this transaction, TPG remains the majority shareholder of Cirque du Soleil Entertainement Group. false false false ABOUT CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC Caisse de dépôt et placement du Québec (CDPQ) is a long-term institutional investor that manages funds primarily for public and parapublic pension and insurance plans. As at June 30, 2019, it held CAD 326.7 billion in net assets. As one of Canada’s leading institutional fund managers, CDPQ invests globally in major financial markets, private equity, infrastructure, real estate and private debt. For more information, visit cdpq.com, follow us on Twitter @LaCDPQ or consult our Facebook or LinkedIn pages. ABOUT CIRQUE DU SOLEIL ENTERTAINMENT GROUP Cirque du Soleil Entertainment Group is a world leader in live entertainment. On top of producing world-renowned circus arts shows, the Canadian organization brings its creative approach to a large variety of entertainment forms across its division, including Cirque du Soleil, Blue Man Group, VStar Entertainment Group, The Works Entertainment, Cirque du Soleil Events + Experiences and 4U2C. The Group currently employs over 4,900 people from over 70 countries. Going beyond its various creations, Cirque du Soleil Entertainment Group aims to make a positive impact on people, communities and the planet with its most important tools: creativity and art. For more information about Cirque du Soleil Entertainment Group, please visit CDSentertainmentgroup.com.