Regus operator IWG to sell Japan operations for 320 million pounds
15/04/2019 07:22
April 15 (Reuters) - British serviced office space provider
IWG Plc IWG.L said on Monday it would sell its Japanese
operations to TKP Corp for 320 million pounds ($418.82 million)
as part of a strategic partnership.
In the deal, TKP will buy 130 flexible co-work centres
operated by IWG in Japan and will also allow the Japanese
company to exclusively use IWG's Regus, Spaces and OpenOffice
brands. urn:newsml:reuters.com:*:nRSO1253Wa
($1 = 0.7641 pounds)
(Reporting by Shashwat Awasthi in Bengaluru; Editing by Bernard
Orr)
((Shashwat.Awasthi@thomsonreuters.com; within U.S.+1 646 223
3403; outside U.S. +91 80 6749 3403; Reuters Messaging:
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