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Poker Enthusiast Guy Laliberté Agrees To Deal To Sell Cirque du Soleil: Report

Canadian Reportedly Getting Less Than We Wanted


High-stakes poker player and Cirque du Soleil founder Guy Laliberté has agreed to sell the company, according to a report from CTV Montreal.

TPG Capital, as well Fosun Capital of Shanghai China and the Quebec government’s Caisse de Depot are all buyers in the deal, according to an unconfirmed report.

The deal reportedly is less than the $2 billion he was asking for the company he founded in the 1980s.

In March, Laliberté said he was looking to sell the vast majority of Cirque du Soleil.

Laliberté has been a frequent competitor in the poker world for years, amassing more than $2.5 million in lifetime scores. He was featured on the popular show “High Stakes Poker” on the Game Show Network, playing against the likes of Doyle Brunson.

Laliberté has a networth of $1.97 billion, according to Forbes.

Few poker enthusiasts are richer than him. One of them is Andy Beal, the Texas banker who has a networth of $12.1 billion. Hedge fund manager David Einhorn has a networth of $1.93 billion, and is also a well-known lover of poker. Einhorn has played in “One Drop”, the charity poker tournament Laliberté has organized at the World Series of Poker for the past several years.