PayPal to Take Over Carlyle Stake in E-Commerce Firm Shopware
PayPal Holdings Inc. is taking over a stake in German digital commerce company Shopware AG from a Carlyle Group Inc. fund, according to people with knowledge of the matter.
PayPal’s stake in Shopware will increase to about 41% from roughly 11% with the deal, said the people, who asked not to be identified discussing the private transaction.