UK Takeover Panel extends deadline for IWG bidding
Jan 19 (Reuters) - The UK's Takeover Panel has extended the deadline for a consortium of companies to make an offer for British office firm IWG Plc (LSE: IWG.L - news) until 1700 GMT on Feb. 2.
IWG received an approach in December from a consortium comprising Canadian private equity firm Onex Corp and Brookfield Asset Management (IOB: 0KEH.IL - news) .
Initially the consortium had until Jan. 20 to make an offer or walk away for at least six months, under Takeover Panel rules.
(Reporting by Bhanu Pratap in Bengaluru; Editing by Elaine Hardcastle)