Soho House’s £1.3bn takeover revived after funding scramble

Soho House opened its first venue in Greek Street, London, in 1995 - Peter Nicholls/Reuters A $1.8bn (£1.3bn) takeover of Soho House by the entrepreneur planning to transform the BT Tower has been revived following a funding scramble. Soho House, which is listed on the New York Stock Exchange, has secured a new $200m funding commitment that will allow it to close a take-private deal with US hotel giant MCR Hotels. Under the revised terms, Morse Ventures, an entity owned by MCR boss Tyler Morse, will co ...