Salt Bae Restaurant Owner May Sell Stake to Qatar Wealth Fund

May 31, 2022, 1:01 PM UTC

The owner of the Nusr-Et steakhouse, known by its founder’s Salt Bae meme, is in talks to sell a stake to Qatar’s $450 billion wealth fund.

D.ream Group, owned by Turkish billionaire Ferit Sahenk’s Dogus Holding AS, may sell a 20% stake to the Qatar Investment Authority for about $300 million, people familiar with the matter said, asking not to be identified as the information is private. A deal at that price would imply a valuation of $1.5 billion.

The talks were reported by Turkey’s Sozcu newspaper earlier on Tuesday. Dogus confirmed discussions with the QIA, but declined ...

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