Tages Group buys stake in VAM Investments

Tages Group said July 25 that it agreed to buy an initial 34 percent stake in VAM Investments while Francesco Trapani, a shareholder, is buying 15 percent. The deal allows Tages to increase its stake up to 100 percent. Financial terms weren’t announced. Tages, of London and Milan, is an alternative investment group. VAM, of Milan, is a private equity firm.

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