Soho House Gets $1.7 Billion Takeover Offer - MSN

Soho House received a takeover offer that values the operator of swanky clubs at more than $1.7 billion, a spark of interest after its properties have been losing cachet with the affluent crowd ...

CouponFollow Extension

$1
OFF

Soho House Gets $1.7 Billion Takeover Offer - MSN

3 weeks from now

Soho House received a takeover offer that values the operator of swanky clubs at more than $1.7 billion, a spark of interest after its properties have been losing cachet with the affluent crowd ...

msn.com

83%
OFF

Soho House's Stock Soared After A Takeover Offer For The Pricey, …

3 weeks from now

Dec 20, 2024 · Exclusive hotel and social club chain Soho House said on Thursday that it had received a nearly $2 billion takeover offer. The offer, at $9 per share, represents an 83% …

yahoo.com

$1.75
OFF

Soho House Turns Its Back On Wall Street, Again - Bloomberg

3 weeks from now

Dec 20, 2024 · On Thursday, the international members-club chain confirmed receipt of a buyout offer from an unnamed third-party consortium valuing it at around $1.75 billion, or more than …

bloomberg.com

$1
OFF

Soho House Gets $1.7 Billion Takeover Offer - WSJ

3 weeks from now

Soho House SHCO-0.67 % decrease; red down pointing triangle received a takeover offer that values the operator of swanky clubs at more than $1.7 billion, a spark of interest after its …

wsj.com

$14
OFF

Soho House Shares Surge On Offer To Take It Private - Financial Times

3 weeks from now

Dec 19, 2024 · Still, the offer is well below Soho House’s initial listing price of $14 a share when it went public in 2021. Thursday’s gains brought the stock to $7.82 in mid-morning trading in …

ft.com

17%
OFF

Soho House Draws Buyout Offer – At An 80+% Premium

3 weeks from now

Dec 19, 2024 · Soho House & Co. received a takeover offer from a ... Membership revenues increased by 17% year-over-year in the quarter ending September 29, with 4,000 new Soho …

skift.com

$1
OFF

Soho House Receives Another Buyout Offer | Hotel Investment Today

3 weeks from now

Dec 19, 2024 · The buyout offer for the private members’ club/hotel brand founded in 1995 would value the company at just over $1.7 billion, below its $2.8 billion market cap when Soho House …

hotelinvestmenttoday.com

83%
OFF

Soho House Shares Rocket After Consortium Tables £1.4bn Takeover …

3 weeks from now

Dec 19, 2024 · The move – which will value Soho House at 1.75 billion dollars (£1.39 billion) – represents an 83% premium against its closing price on Wednesday. Soho House, which also …

yahoo.com

47%
OFF

Soho House’s Stock Soared After A Takeover Offer For The Pricey, …

3 weeks from now

Dec 20, 2024 · Soho House's shares closed over 47% higher on Thursday.The exclusive members-only social club said it received a takeover offer at $9 per share.Soho House went …

newsguard.ca

60%
OFF

Soho House Shares Rocket After Consortium Tables £1.4bn Takeover …

3 weeks from now

Dec 19, 2024 · Soho House & Co has revealed it has received a takeover offer from a new consortium. The members’ club business saw shares rocket by more than 60% in early trading …

independent.co.uk

$1.75
OFF

Soho House Shares Jump On $1.75bn Take-private Offer

3 weeks from now

In May the group rejected a previous offer from an unnamed party, stressing that it did not believe the move ‘adequately reflects the value’ of the company

thetimes.com

$1
OFF

Soho House Received A Takeover Offer That Values The Operator Of …

3 weeks from now

Dec 19, 2024 · The Wall Street Journal (@wsj). 2 Replies. 39 Likes. Soho House received a takeover offer that values the operator of swanky clubs at more than $1.7 billion, a spark of …

threads.net

$52
OFF

Developers Land $52.5M Construction Loan For The Braddock At …

3 weeks from now

Mar 7, 2023 · Sanz Management has closed on $52.5 million to complete The Braddock, a 135-unit rental property in North Bergen, New Jersey.The development site is located at 8619 …

newyorkyimby.com

FAQs about Soho House Gets $1.7 Billion Takeover Offer - MSN Coupon?

How much is Soho House worth?

S oho House received a takeover offer that values the operator of swanky clubs at more than $1.7 billion, a spark of interest after its properties have been losing cachet with the affluent crowd they target. ...

Why did Soho House shares surge 70 percent?

Soho House shares surged nearly 70 per cent after the members’ club announced it had received an offer to buy it at a premium to its current market value, following years of stock price struggles. The offer, at $9 a share, represents an 83 per cent premium to Wednesday’s closing price of $4.91. ...

Does Soho House & Co have a takeover offer?

Soho House & Co has revealed it has received a takeover offer from a new consortium. The members’ club business saw shares rocket by more than 60% in early trading as a result, striking their highest level for over a year. ...

Who backed Soho House's takeover offer?

The takeover offer, Soho House said, is backed by its billionaire chairman, Ron Burkle. The deal would require major shareholders like Burkle to roll over their equity stakes in Soho House. Three quarters of Soho House's common stock is owned by the company's board and its affiliates. An independent special committee is evaluating the offer. ...

Is Soho House a new third-party consortium?

Soho House did not disclose the identity of the bidder, but said it was a “new third-party consortium”. The company revealed in May it had received a take-private offer and rejected it, saying it did not reflect the value of the company. ...

Did Soho House cut corporate staff?

In the second and third quarters, the company cut corporate staff — with one major exception. On Thursday, chief financial officer Thomas Allen said Soho House increased its accounting team by 50% after finding errors in previous financial statements. The company said the takeover offer was backed by Ron Burkle, the chairman. ...