Steve Wynn invests $15M in Pie Face

Steve Wynn invests $15M in Pie Face

The Australia-based bakery-café chain recently opened its first U.S. unit in New York’s Times Square

Steve Wynn, the chairman and chief executive of Wynn Resorts Ltd. in Las Vegas, has purchased a $15 million slice of Pie Face USA, a subsidiary of the 75-unit Sydney, Australia-based bakery-café chain that recently debuted its first U.S. unit in New York’s Times Square.

Wynn acquired 43 percent of issued and outstanding shares of Pie Face USA’s common stock in a private placement.

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