Entrepreneur Richard Caring is expected to finalise the buy-out of Annabel's, the upmarket Mayfair nightclub and celebrity hang-out, for an estimated £95 mln on Thursday, according to reports in several UK newspapers. Mark Birley, the club's founder and owner since 1963, is said to have agreed a deal on Wednesday after about a year of negotiations.

Entrepreneur Richard Caring is expected to finalise the buy-out of Annabel's, the upmarket Mayfair nightclub and celebrity hang-out, for an estimated £95 mln on Thursday, according to reports in several UK newspapers. Mark Birley, the club's founder and owner since 1963, is said to have agreed a deal on Wednesday after about a year of negotiations.

The deal comprises Birley's entire nightclub empire, including George, Mark's Club, Harry's Bar and the Bath & Racquets Club.