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The Guardian - UK

Business

Jasper Jolly

Soho House to go private in $2.7bn deal as Ashton Kutcher joins board

Soho House United States MCR Hotels New York

Ashton Kutcher — Ashton Kutcher, thought to have been a longstanding member, is to join Soho House’s board. Photograph: Mark Lennihan/AP

The members’ club chain Soho House has agreed a $2.7bn (£2bn) deal to take it private after a tricky four years listed on the New York stock exchange.

New York-based MCR Hotels will lead new equity investors in the chain of clubs as part of a deal that will involve it ditching its stock market listing.

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