Directors Deals 

IWG chief exec joins £320m fundraise

IWG chief exec joins £320m fundraise

When flexible workspace provider IWG (IWG) updated the market back in March, it warned of pressure across its global business as countries implemented lockdown measures in response to Covid-19. At the end of May, it revealed that revenue from its more mature estate – which excludes new locations opened in 2019 – rose by 7.6 per cent at constant currencies in the first three months of 2020, to £623m. But this gave way to a 2.9 per cent decline in April and the group is guiding to a tougher second quarter.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now