ILLYCAFFE TO SELL MINORITY STAKE TO RHONE CAPITAL

© Photographer: Monica Schipper/Getty Images Illy coffee is poured in New York. (Bloomberg) -- Illycaffe SpA, one of Italy’s largest coffee roasters, agreed to sell a minority stake to New York-based Rhone Capital LLC in a bid to boost its U.S. market presence. “It’s a strategic, non-financial deal that will allow Illycaffe to expand its business in the U.S. market more in the n...