Half Year Results 

IWG opts to go it alone

IWG opts to go it alone

Just a few weeks ago, IWG (IWG) was being courted by four potential buyers, now it has none. Private equity firm Prime Opportunities passed up the chance to buy the property group in late July, before management terminated discussions with Starwood, TDR and Terra Firma just in time for the half-year numbers to come out. Investors were not pleased with the decision, sending the shares down more than 20 per cent on the news

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