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.