Soho House Attracts Private Equity Offers, Sunday Telegraph Says
By Catherine Airlie -
2011-04-03T09:33:46Z
Soho House U.K. Ltd., which runs a chain of luxury private-members clubs, may be put up for sale after receiving takeover approaches in the last week, the Sunday Telegraph reported, without saying where it got the information.
Soho House received a number of offers from private equity investors, one valuing the company at 300 million pounds ($483 million), the newspaper said. A formal process hasn’t begun, according to the article. Richard Caring, who owns 80 percent of Soho House, declined to comment, the Telegraph reported.
To contact the reporter on this story: Catherine Airlie at cairlie@bloomberg.net
To contact the editor responsible for this story: Mike Harrison at mharrison5@bloomberg.net
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