Advertisement
UK markets close in 3 hours 10 minutes

  • FTSE 100

    8,098.31
    +57.93 (+0.72%)
     

  • FTSE 250

    19,732.09
    +12.72 (+0.06%)
     

  • AIM

    755.54
    +0.85 (+0.11%)
     

  • GBP/EUR

    1.1667
    +0.0022 (+0.19%)
     

  • GBP/USD

    1.2503
    +0.0041 (+0.33%)
     

  • Bitcoin GBP

    51,176.46
    -2,144.64 (-4.02%)
     

  • CMC Crypto 200

    1,355.66
    -26.91 (-1.95%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • DOW

    38,460.92
    -42.77 (-0.11%)
     

  • CRUDE OIL

    83.14
    +0.33 (+0.40%)
     

  • GOLD FUTURES

    2,340.40
    +2.00 (+0.09%)
     

  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     

  • DAX

    17,995.54
    -93.16 (-0.52%)
     

  • CAC 40

    8,023.55
    -68.31 (-0.84%)
     
Stocks:

Trending tickers

Microsoft, Alphabet, Anglo American, IBM, Astrazeneca, Unilever and Sainsbury's

Canada's Onex, Brookfield won't bid for UK office firm IWG

Reuters - UK Focus

Feb 1 (Reuters) - Canadian private equity firm Onex Corp and Brookfield Asset Management (IOB: 0KEH.IL - news) said on Thursday they do not intend to make an offer for IWG plc (LSE: IWG.L - news) , sending shares of the British serviced office provider down 19 percent.

The Canadian consortium said it decided not to make an offer for IWG following discussions with the board and management of IWG.

The announcement comes before the Feb. 2 deadline set by UK's Takeover Panel for the consortium of companies to make an offer for IWG.

(Reporting by Radhika Rukmangadhan in Bengaluru; Editing by Adrian Croft)