Will Soho House London Shine After $1.8 Billion Deal? MCR Hotels' Buyout Sparks Brand Promise

Soho House nears £1.3bn ($1.8bn) buyout by MCR Hotels (Credit: Soho House X Account Profile Photo)

Soho House & Co, the London-founded private members' club, is poised to return to private ownership in a $1.8 billion (£1.3 billion) deal led by New York-based MCR Hotels, according to the Wall Street Journal.

The buyout, offering shareholders £6.64 ($9) per share, aims to revitalise the brand after a challenging four years on the New York Stock Exchange.