Ian Scott International

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Regus-owner IWG considers £3bn US spin off

International Workplace Group (IWG) chief Mark Dixon is said to be mulling a possible spin off of the company’s US arm as part of a separate £3bn float in New York. 

The business founder is reported to be in very early stage talks with bankers about a possible listing, which would turn the Regus-owner into a publicly traded rival to fellow shared office provider WeWork, as first reported by Sky News.

WeWork is planning its own $50bn (£44bn) float in the coming weeks although IWG is understood to have said it won’t hire bankers connected to the WeWork IPO.

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