THE CIRQUE DU SOLEIL
By Bernard Bujold -
Cirque du Soleil's main creditor, THE CATALYST CAPITAL GROUP of Toronto (led by Gabriel de Alba) may well become the new owner by simply converting its debt into shares.
For another group to buy the Cirque, it will have to spend around 1 billion new money, which would be very risky and above all too expensive in terms of performance.
QUEBECOR is interested but, as an external group, the transaction is financially outside the limits of an acceptable financial risk.
To be continued...
See report LA PRESSE
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