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Soho House rejects a takeover bid that would cause it to leave the New York stock market

By city and financial reporter

Updated:

Soho House has rejected a takeover bid that would have seen the company exit the New York stock market.

The private members club turned down the offer from an unnamed suitor because the price undervalued the company.

Two’s company: Celebrities enjoying the locations include singer Rita Ora and model Kate Moss (pictured)

The famous venue said the offer “did not adequately reflect the value of the company and was not in the best interests of its public shareholders.”

Celebrities enjoying the locations include singer Rita Ora and model Kate Moss.

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