This content is not available in your region

Regus operator IWG to sell Japan operations for 320 million pounds

Access to the comments Comments
Text size Aa Aa

(Reuters) – British serviced office space provider IWG Plc said on Monday it would sell its Japanese operations to TKP Corp for 320 million pounds 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.

(Reporting by Shashwat Awasthi in Bengaluru; Editing by Bernard Orr)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on for a limited time.