JOURNAL ARTICLE

Abu Dhabi Royal's Firm to Buy Stake in Caring Hospitality Empire.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Nair, Dinesh 3 of 3

Abstract

The article focuses on the acquisition of a majority stake in British businessman Richard Caring's hospitality empire by DIAFA, an affiliate of International Holding Co (IHC), chaired by Sheikh Tahnoon bin Zayed Al Nahyan of Abu Dhabi. The deal, valued at over £1 billion ($1.3 billion), includes iconic UK brands such as the Ivy restaurants chain, private members' clubs like Annabel's, and Caprice Holdings' luxury restaurants. Caring will remain executive chairman and collaborate with DIAFA to expand the business globally. This transaction complements DIAFA's existing food and beverage portfolio and reflects IHC's broader strategy of global investment expansion. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/04, pN.PAG
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2026
  • Accession Number:192931582
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