Takeover Battle For IWG Could Throw Light On WeWork’s $20B Valuation
CRETech
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1 minute read
The three-way bidding war to acquire U.K.-based shared office pioneer IWG values the company at $4.1B including debt, just seven times its earnings, the Wall Street Journal reports. That is in considerable contrast to WeWork's valuation of more than $20B, or about 20 times its earnings.
