Soho House Secures Emergency Financing to Salvage Go-Private Deal
Soho House has secured last-minute funding to keep its $2.7 billion go-private transaction alive, overcoming a sudden financing gap just weeks before the expected closing.
Soho House has secured last-minute funding to keep its $2.7 billion go-private transaction alive, overcoming a sudden financing gap just weeks before the expected closing.
Soho House is set to go private in a $2.7 billion takeover by MCR Hotels, delivering a 17.8% premium to shareholders. Actor Ashton Kutcher will join the board, while founder Nick Jones and Yucaipa retain majority control.