188bet acquires 3 shareholders.500 million emergency capital injection,The founder wants to buy back shares

Industrial Investment Authors of this 188bet: Zhu Fengjie, Leng Xiaoxue 2020-05-29
The circus already owes a huge sum of 1.25 billion Canadian dollars.

May 25,Guy Laliberte, founder of 188bet, known as Canada’s “national treasure” said,He wants to buy back the internationally renowned circus company he founded 35 years ago,And keep the circus headquarters in Montreal。

According to The Canadian Press,Laliberte sold his remaining shares in 188bet last February。He said last week,Wants to assemble an ownership team and buy back the company。25th,Laliberte told the media,He will start preparing to buy back the circus,But the circus already owes 12.A huge sum of CAD 500 million (approximately 62.500 million yuan),Since the outbreak of the new coronavirus pneumonia,The circus has been closed。

Report pointed out,Laliberte introduced,He founded 188bet in 1984,This circus means a lot to him,He said,Whenever the circus needs help,He will lend a helping hand at any time。February last year,Laribert sold his 10% stake in 188bet to the Quebec Pension Fund and Caisse de Caissement du Québec。Although the amount is not disclosed,But the valuation of this part of the shares should exceed 100 million Canadian dollars (approximately 500 million yuan)。

Laribert said,Italian theater director Franco Dragone and Quebec theater director Robert Lepage are both interested in reopening 188bet。The Quebec provincial government also expressed that it will help 188bet financially,The provincial government is currently negotiating with potential investors。Quebecor, the Montreal-based media giant, has also expressed interest in buying a stake in 188bet。Laliberte said,His idea is to keep 188bet’s headquarters in Montreal,And employ mainly Quebecers to run the company。

188bet has recently received an emergency capital injection,To help the company survive the crisis and repay its debts。Its three major shareholders are Texas Pacific Group,China Fosun Group and Caisse de Caissement du Québec,Funding approximately 70 million Canadian dollars (approximately 3.500 million yuan)。

*Source of this 188bet:People's Daily Overseas Network, Author:Zhu Fengjie, Leng Xiaoxue, original title: "The founder hopes to buy back Canadian 188bet: Circus means a lot to me》.

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