Sheikh Tahnoon’s IHC nears deal for stake in Richard Caring’s Ivy hospitality empire

Sheikh Tahnoon’s IHC nears deal for stake in Richard Caring’s Ivy hospitality empire

Talks between Abu Dhabi royal’s holding company and ‘King of Mayfair’ could lead to a deal worth over £1bn

Richard Caring in advanced talks to sell part of UK hospitality empire

Richard Caring is in advanced discussions to sell a substantial part of his hospitality business in the UK to the IHC.The post Richard Caring in advanced talks to sell part of UK hospitality empire appeared first on Verdict Food Service.

Richard Caring in advanced talks to sell Ivy stake to Abu Dhabi royal

Richard Caring is reportedly in advanced talks to sell a substantial stake in his UK hospitality empire to an entity backed by the Abu Dhabi royal Sheikh Tahnoon bin Zayed al-Nahyan, according to the Financial Times.  People with knowledge of the matter told the FT that the discussions between Caring, who owns the Ivy restaurants chain and London private members’ club Annabel’s, and Sheikh Tahnoon’s holding company IHC have been “ongoing for som…

Sheikh Tahnoon’s IHC nears deal for stake in Caring’s Ivy hospitality empire

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