Shares in Soho House fell sharply after a key backer in a proposed $1.8bn deal to take the members’ club group private failed to deliver a crucial funding commitment, casting doubt over the future of the transaction. The London-founded business confirmed that Yucaipa, the investment vehicle of billionaire executive chairman Ron Burkle, had been informed that MCR Hotels would be unable to provide its planned $200m equity contribution by the expected closing date. MCR had...










