|Bid||3.42 x 0|
|Ask||3.79 x 0|
|Day's range||3.58 - 3.66|
|52-week range||2.15 - 3.83|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Terra Firma Capital Partners is interested in buying the world’s largest operator of short-term office space, owner of the Regus brand, at least the fifth potential buyer to express interest as demand ...
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 ...
British serviced office provider IWG 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 ...
In December 2017, IWG PLC (LON:IWG) announced its latest earnings update, which indicated that the business faced a substantial headwind with earnings falling by -17.87%. Today I want to provideRead More...
IWG Plc (LSE: IWG.L - news) said on Friday that U.S. property investment firm Starwood Capital and British private equity fund TDR Capital will now have until June 29 to make firm offers for the company or walk away. The British serviced office provider, which is in talks with Starwood and TDR, said UK's Takeover Panel granted an extension to the two firms from an earlier deadline of June 8. IWG has been separately approached by Starwood, TDR, U.S. real estate investment firm Prime Opportunities Investment Group and American buyout house Lone Star for a deal.
IWG (LSE: IWG.L - news) shares surged as much as 24 percent after the British serviced office provider disclosed it had received takeover approaches from a trio of suitors, stoking speculation it could fetch a price of $4.4 billion in a bidding war. Best known for its Regus (Other OTC: RGSJF - news) brand, the London-listed company has received separate rival indicative bids from U.S. property investment firm Starwood Capital and British private equity fund TDR Capital, as well as an approach from American buyout house Lone Star. IWG's shares were up more than 20 percent at 304 pence by mid-morning on Monday, having been as high as 311.9 pence.
Shares of IWG PLC surged 22% in Monday's trade after the serviced-office company said it's in talks with three rival private equity firms about a potential take over. In a statement out late Friday, the ...
British serviced office provider IWG (IWG.L) has attracted takeover approaches from three rival suitors, potentially plunging the $3.1 billion company into a bidding war. The London-listed business said on Friday that U.S. property investment firm Starwood Capital and British private equity house TDR Capital had submitted two separate indicative cash bids. Lone Star, the U.S. buyout firm, has also made an approach, IWG said, without giving details of any of the proposals.
British serviced office provider IWG has attracted takeover approaches from three rival suitors, potentially plunging the $3.1 billion company into a bidding war. The London-listed business said on Friday ...
British serviced office provider IWG said on Friday that it had attracted takeover approaches from three suitors, signalling the company behind the Regus brand could become embroiled in a bidding war. ...
IWG, which rents out meeting rooms, business lounges and office space under the Regus brand, said operating profit fell to 163.2 million pounds in the year ended Dec. 31, 2017, from 185.2 million pounds a year earlier. Revenue from the company's so-called mature centres, which are owned for at least a year and account for over 90 percent of the total revenue, fell 1.2 percent to 2.16 billion pounds. Although mature buildings revenue returned to growth in the fourth quarter, a 1.8 percent revenue drop in the business in the third quarter hurt the full-year results.
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 more than 20 percent. IWG, the company behind the Regus (Other OTC: RGSJF - news) brand which runs offices in about 3,000 locations in over 1,000 cities, said in December it had received a bid approach from Onex and Brookfield Asset Management but did not disclose details. The Canadian consortium said that following discussions with the board and management of IWG it had decided not to make an offer.