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Soho House lines up US float that would value the Ned-operator at $3bn

Private members' club chain eyes New York float

By

James Booth

The Ned, a club in the old Midland Bank at 27 Poultry in the heart of the City, was designed and is operated by Soho House but owned by Burkle
The Ned, a club in the old Midland Bank at 27 Poultry in the heart of the City, was designed and is operated by Soho House but owned by Burkle Photo: Alamy

Soho House, the operator of City private members’ club The Ned, is reportedly poised to go public after making a confidential filing with US regulators as the first step towards an initial public offering.

The chain of private clubs has submitted a confidential filing for a New York IPO that would value the company at more than $3bn, Sky News reported.

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