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    15:25pm 14th November 2017

    Standard Life Aberdeen Takes 5.01% Stake In Workspace Provider IWG (ALLISS)

    LONDON (Alliance News) – Standard Life Aberdeen PLC has a 5.01% stake in flexible workspace provider IWG PLC after a transaction last Friday.

    Having held no stake or one below a notifiable threshold beforehand, Standard Life Aberdeen holds its new stake through 46.2 million shares.

    IWG shares were down 2.5% on Tuesday at 198.40 pence, which would value Standard Life Aberdeen’s stake in the former Regus at GBP90.4 million.

    By Joshua Warner; joshuawarner@alliancenews.com; @JoshAlliance

    Copyright 2017 Alliance News Limited. All Rights Reserved.