Eataly chain of Italian-style marketplaces selling majority stake to European private-equity firm

Eataly chain of Italian-style marketplaces selling majority stake to European private-equity firm

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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.

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