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flag DIAFA acquires Richard Caring’s hospitality empire for over £1.4 billion.

flag Abu Dhabi’s DIAFA has acquired a majority stake in Richard Caring’s hospitality empire, including The Ivy and Annabel’s, for over £1.4 billion. flag Caring will remain executive chairman, while DIAFA plans to expand the brands globally, including a new Annabel’s location in New York.

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