Deals Rumor Mill: Cirque du Soleil, Vessel, Deutsche Bank

By Benjamin Horney (April 17, 2015, 5:00 PM EDT) -- A private equity consortium led by TPG Capital Management is nearing a deal to land a majority stake in Montreal-based theatrical circus company Cirque du Soleil Inc., the Wall Street Journal reported on Friday. According to the report, the nearly done deal is set to value Cirque du Soleil at roughly $1.5 billion. As previously reported, in addition to TPG, the consortium includes China's Fosun Capital Group, and Canadian pension fund Caisse de depot et placement du Quebec could join, the report noted. The stake being sold belongs to the trippy circus company's founder, Guy Laliberte, although he would retain a 10 percent stake and a board seat, the report said....

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