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Quebec pledges up to $200M US to support Cirque du Soleil
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May 27, 2020
"The Quebec government is coming to the rescue of Cirque du Soleil, pledging to loan up to $200 million US to support the live entertainment giant whose operations remain paralyzed due to the COVID-19 pandemic.
Economy Minister Pierre Fitzgibbon says the province will become a creditor of the company under an agreement in principle between Investissement Québec and Cirque's three main shareholders — Texas-based TPG Capital, Chinese firm Fosun and the Caisse de dépôt et placement, Quebec's pension fund."
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