The Cirque du Soleil has filed for bankruptcy

The Cirque du Soleil has filed for bankruptcy

Cirque du Soleil is the world’s most famous circus company, from Canada. They have performed with regular appearances in Las Vegas and with shows around the world.

The company’s statement indicates that the application is caused by a pandemic that prevented the Cirque du Soleil from doing any activity. Exemptions of 3 500 people are foreseen.

The Company received funds for bankruptcy and resumption of operations. According to the company’s statement, the amount of support is $300 million. The support was provided by the Canadian government and private equity funds. Cirque de Soleil’s creditors include the largest investment funds from around the world, including China and the USA.

Source: https://businessinsider.com.pl/lifestyle/rozrywka/cirque-du-soleil-bankrutuje-i-zwalnia-pracownikow/

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