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Britain's IWG confirms evaluating possible Terra Firma bid

Reuters

LONDON (Reuters) - British serviced office provider IWG (IWG.L) said on Saturday that it is evaluating a possible cash offer for the company from private equity firm Terra Firma.

"The board is evaluating the Terra Firma offer with its financial advisers and shareholders will be updated in due course," IWG, owner of Regus, said in a statement confirming a Reuters report on Friday.

(Reporting by Ben Martin in London, writing by Elisabeth O'Leary; editing by Alexander Smith)