(Bloomberg) -- IWG Plc, the serviced-office company that operates the Regus brand, has hired an adviser to sell its Spaces unit in an attempt to lure a buyer that wants to take on WeWork Cos., peop...
IWG has reportedly hired Eastdil Secured to sell its Spaces brand , in a bid to find a buyer that wants to take on brands , according to reports . The move follows a series of unsuccessful bids for IWG in 2008 , which prompted the company to investigate whether it ’s more modern co - working which would achieve a higher profile as a stand - alone business . In November , CEO mark Dixon said the company would review what to do with Spaces if the evaluation concluded that Spaces was worth more as a separate business . Both IWG and Eastdil declined to comment on the news .