The federal government said Tuesday it has approved the sale of the famed circus group Cirque du Soleil to a group of investors headed by a U.S. private equity firm and its Chinese partners.

The Cirque du Soleil has signed a deal to sell a majority stake in the famed circus group to U.S. private equity firm TPG for an undisclosed price.

The Cirque de Soleil has signed a deal to sell a majority stake in the famed circus group to U.S. private equity firm TPG for an undisclosed price.