A European private-equity firm agreed to buy a controlling stake in Eataly SpA, with the aim of helping the Italian-marketplace chain continue to expand globally.
Investindustrial is taking a 52% stake in Eataly, the companies said Wednesday. The deal, which the Wall Street Journal had reported Tuesday was imminent, involves an investment of around €200 million, equivalent to $199 million, as well as the purchase of additional shares.
This post was originally published on Market Watch
