Soho House Was Just Snapped Up for $2.7 Billion by a Group of Investors Including Ashton Kutcher

Image for article Soho House Was Just Snapped Up for $2.7 Billion by a Group of Investors Including Ashton Kutcher
News Source : Robb Report

News Summary

  • A consortium led by MCR Hotels will buy Soho House & Co.’s outstanding shares for $9 each in cash.
  • Executive Chairman Ron Burkle, founder Nick Jones, and other big shareholders will roll over their stakes and retain control of the business.
  • Further new equity capital will be provided by a group led by actor-turned-investor Kutcher.
  • The transaction is expected to close by the end of 2025, and the company will then stop trading on the New York Stock Exchange.
Ashton Kutcher must really love Soho House.A group of investors including the Alister has agreed to take the company that operates swanky members clubs private again in a deal worth approximately [+2680 chars]

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