Tag: Mergers & Acquisitions

Last Friday IWG put Worka, its IT and tech unit, up for sale: 50% for £800 million. 

According to Hotdesk’s cofounder and CEO Mohamed Khaled, the company has long desired to expand globally, and this new acquisition will accomplish just that.

Late last year, coworking giant WeWork said it would close 40 of its underperforming spaces after it took hundreds of millions in losses. Why this is happening — and who ...

UK flexible workspace company, UBC, has doubled its number of workspace locations by acquiring Inigo Business Centres. The acquisition brings UBC’s portfolio to 15 locations, including workspace in the City ...

The Hive, Common Ground and The Cluster will come together as The Flexi Group, creating a portfolio of 45 locations across the APAC region.

Price of potential sale of Instant Group signals IWG shares have been dramatically undervalued. The digital division’s price tag also reflects that technology is the key to successful investing in ...

Through the deal, Hera Hub will be embedded into Expansive’s River North location on West Superior Street, where it is expected to open on October 3.

Female-centered coworking company The Wing has closed after multiple problems — financial issues, plus accusations of racism and gender exclusion — derailed early success. 

The hotel, which shuttered its operations at the beginning of the pandemic, will be converted into a 438-unit coliving facility that will feature apartments of various sizes.

Brad Greenspan, the founder of MySpace, shares his insight into the complexities, challenges and opportunities of owning and running a social media giant—along with the obstacles involved in the buying ...