As Soho House faces challenges with profit, per CNN, it will now be going private. The $2.7 billion deal was spearheaded by MCR Hotels, leading shareholders to receive $9 a share, Reuters reports.

Ashton Kutcher joins Soho House’s $2.7 billion deal to go private, adding another win to his billion-dollar investment portfolio.

Neil Thomson joins the C-suite of the membership club company, which MCR Hotels is taking private in a $2.7 billion deal.

Brown replaces Jeremy McCarthy, who was with Mandarin Oriental for 11 years, most recently as group director of spa, leisure ...