A European private-equity firm is close to a deal to buy a controlling stake in Eataly SpA, with the aim of helping the Italian-marketplace chain continue to expand globally, according to people familiar with the matter.
Investindustrial is in talks to take a 52% stake in Eataly in a deal that involves an investment of around €200 million, equivalent to $199 million, as well as the purchase of additional shares, the people said. A deal could come together Wednesday, assuming talks don’t fall apart.