Story perspectives
Soho House Soars 16% on $2.7B MCR Deal
8/18/2025
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Story summary
- Soho House's shares rose 16% after announcing a $2.7 billion acquisition by MCR Hotels, offering $9 per share, an 18% premium.
- CEO Andrew Carnie expressed optimism about the company's future after the acquisition.
- The deal comes after four challenging years for Soho House, characterized by a declining share price and activist investor scrutiny.
- The company seeks to improve growth and profitability through private ownership.
