IWG gains extension for takeover bids

By David Parsley2018-07-23T06:43:00

Serviced office provider IWG has given three of its four suitors more time to make firm offers or walk away from bids for the company, the firm said over the weekend.

Starwood Capital, TDR Capital and Terra Firma now have until 7 August to declare their intentions after IWG asked for a deadline extension from the Takeover Panel.

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