Regus-owner ends takeover talks and looks to reposition UK business

By Guy Montague-Jones2018-08-06T06:51:00

Source: Alamy/Newscast Online Limited

Regus-owner IWG has told Starwood, Terra Firma and TDR that it doesn’t plan to continue talks about a potential takeover of the business.

In a statement, IWG said: “After extensive discussions exploring the interest shown by multiple parties over recent months, the Board unanimously believes that none of the interested parties is currently capable of delivering an executable transaction at a recommendable price.”

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