DIAFA Takes Majority Stake in The Ivy Owner for Over £1 Billion in Landmark Restaurant Deal
When an Abu Dhabi-backed entity pays more than £1 billion for the company behind The Ivy and Annabel’s, it tells you something about how Gulf capital now views premium Western hospitality brands — not as vanity plays, but as scalable global platforms. DIAFA, an affiliate of International Holding Company (IHC), has acquired a controlling stake … Read more