IWG shares rise on deadline extension

Shares

IWG shares rose 0.27% in early trading on Monday morning to 303.1p as the company was granted a further extension to continue talks with three of the four companies currently bidding on the office space provider.

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

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