Covid-19: IWG cancels dividend as pressure grows to close more flexible office centres

By David Parsley2020-03-23T09:37:00

Flexible office group IWG has cancelled its dividend payout to investors as it attempts to mitigate the impact of the Covid-19 outbreak.

While the group has reopened all the centres in China it closed at a result of the Covid-19 outbreak, it said it expected there will be pressure on its global business as countrywide lockdowns are implemented in an increasing number of countries.

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