Soho House gains on MCR Hotels' $2.7 bln take-private deal
18/08/2025 11:38
** Shares of hospitality group Soho House SHCO.N rise 15.6% to about $8.8 in premarket trading ** A group of investors led by New York-based MCR Hotels is taking the members' club operator private in ~$2.7 bln deal, including debt ** Soho's shareholders will receive $9 per share in cash, implying a 17.8% premium to stock's closing price on Friday ** As of last close, SHCO shares up nearly 3% YTD (Reporting by Parth Chandna) ((Parth.Chandna@thomsonreuters.com;))