US PE firm CC Capital not planning to bid for IWG

29th Jun 2021 10:17

(Sharecast News) - US private equity firm CC Capital said on Tuesday that it does not plan to make an offer for London-listed workspace provider IWG.

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IWG said to have held £4bn takeover talks with US PE firm CC Capital

29th Jun 2021 07:55

(Sharecast News) - Workspace provider IWG has reportedly been in talks with New York-based private equity firm CC Capital about a possible £4bn takeover.

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RBC lowers target for 'jam tomorrow' IWG

9th Jun 2021 09:47

(Sharecast News) - Analysts at RBC trimmed their target price for shares of IWG following a profit warning from the serviced offices provider the day before due to the lower occupancy rebound.

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Monday broker round-up

7th Jun 2021 12:58

(Sharecast News) - Sainsbury's: Jefferies downgrades to hold with a target price of 280p.

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IWG warns over 2021 profits due to Covid restrictions

7th Jun 2021 07:14

(Sharecast News) - Workspace provider IWG warned on Monday that underlying profit for 2021 is set to be "well below" the previous year's level due to Covid-related restrictions in some of its markets, but reiterated its expectations for a recovery in 2022.

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Wednesday broker round-up

28th Apr 2021 13:26

(Sharecast News) - IDOX: Canaccord downgrades to hold with a target price of 68.0p.

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London open: Stocks dip as investors wait on Fed, more US tech earnings

27th Apr 2021 08:15

(Sharecast News) - Stocks were trading slightly lower in early trading despite better-than-expected results out of BP and HSBC.

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IWG says it's hit bottom, reports strong demand in China and SE Asia

27th Apr 2021 07:44

(Sharecast News) - IWG said occupancy at its serviced offices "stabilised" and then "improved modestly" towards the end of the first quarter.

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IWG appoints Glyn Hughes as new finance chief

25th Mar 2021 08:15

(Sharecast News) - Workspace provider IWG has appointed Glyn Hughes as its new chief financial officer, it announced on Thursday, with effect from 25 March when he would also join the board.

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Sunday newspaper round-up: UK vaccine record, Turkish lira, Strict restrictions

21st Mar 2021 12:55

(Sharecast News) - The UK's vaccine record was once again broken yesterday, the Department for Health has confirmed, with 873,784 vaccinations registered. This breaks down into 686,424 first doses and 70,449 second doses in England; 59,415 first doses and 13,160 second doses in Scotland; 26,939 first doses and 9,429 second doses in Wales; and 4,785 first doses and 3,183 second doses in Northern Ireland. Yesterday's figures also represent a record amount of first doses in the UK, as well as a record number of doses overall. - Sunday Telegraph

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Thursday broker round-up

11th Mar 2021 13:28

(Sharecast News) - Hunting: RBC Capital Markets downgrades to sector perform with a target price of 305p.

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Berenberg lowers IWG from 'buy' to 'hold'

11th Mar 2021 12:02

(Sharecast News) - Analysts at Berenberg cut their rating on serviced offices provider IWG from 'buy' to 'hold' on Thursday, stating they were "pausing for breath" as recovery waits.

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IWG's recovery from Covid-19 pandemic taking longer than initially expected

9th Mar 2021 08:31

(Sharecast News) - Serviced offices provider IWG said on Tuesday that it would be forced to shutter more underperforming locations as a result of the market recovery from the coronavirus pandemic was taking longer than anticipated.

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Wednesday broker round-up

2nd Dec 2020 13:11

(Sharecast News) - Royal Dutch Shell A: JP Morgan upgrades to overweight with a target price of 1,700p.

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IWG to raise £300m in bond offering for acquisitions

2nd Dec 2020 08:01

(Sharecast News) - IWG said it would raise £300m in a convertible bond issue to help pay for a string of planned acquisitions at attractive prices.

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