16.08.2020

Caisse CEO not ruling out further investment in Cirque du Soleil

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  Caisse CEO not ruling out further investment in Cirque du Soleil

  According to Montreal Gazette, "Two conditions are necessary for the Cirque to succeed, Charles Emond says, less debt and a “strategic operator” who knows the industry."

  Once bitten, not shy.

  The Caisse de dépôt et placement du Québec will consider making a new investment in Cirque du Soleil even after writing down the value of its US$170-million stake in the Montreal-based entertainment group, its chief executive officer said Friday. The writedown contributed to a negative return of 2.3 per cent for the Caisse in the first half of 2020.

  Read full article HERE