By Dominic Chopping
STOCKHOLM--Swedish private-equity firm EQT AB said late Wednesday that, together with Oakley Capital, it has agreed to sell Italian online price comparison platform Facile.it to Silver Lake.
EQT bought Facile.it in 2018 from Oakley Capital and other minority owners, with Oakley Capital re-investing into the company.
The transaction is subject to customary conditions and approvals and is expected to close in the third quarter of 2022.
Financial terms weren't disclosed.
Write to Dominic Chopping at firstname.lastname@example.org
Corrections & Amplifications
This article was corrected at 1048 GMT because the original incorrectly said that Oakley Capital Investments Ltd. had sold Facile.it. Swedish private-equity firm EQT AB and Oakley Capital have agreed to sell Italian online price-comparison platform Facile.it to Silver Lake.
(END) Dow Jones Newswires