Eataly Near Deal to Sell Majority Stake

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 valued at around €200 million, equivalent to $199 million, the people said. A deal could come together Wednesday, assuming talks don’t fall apart.