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Cirque du Soleil in Talks With Pension Fund for Lifeline (1)

April 3, 2020, 9:32 PM

Cirque du Soleil Entertainment Group is in talks with Caisse de Depot et Placement du Quebec for rescue funding after the company’s shows were halted by the coronavirus pandemic, according to people with knowledge of the matter.

The Montreal-based company is discussing options including a capital injection or a loan under a relief fund that Caisse established to aid Quebec companies impacted by Covid-19, according to one of the people, who asked not to be identified because the talks are private. Caisse, Canada’s second-largest pension fund, is a minority shareholder in Cirque du Soleil.

“We follow very closely the companies ...