IWG, the world’s largest serviced offices provider, has rebuffed yet another takeover offer – the fifth attempted bid in as many months.
Prime Opportunities, a Los Angeles-based family office, said on Tuesday that IWG had rejected an approach by its consortium to make an offer for the Regus parent.
It did not disclose how much the cash offer would have been worth but it is understood that the price was the main factor for IWG rejecting the deal.
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A look ahead to what is happening in the world of commercial real estate this week
