British serviced office provider IWG Plc (IWG.L) has received a bid approach from Canadian private equity firm Onex and Brookfield Asset Management(BAMa.TO), it said on Wednesday.

IWG, the company behind the Regus brand that runs offices in about 3,000 locations in over 1,000 cities, did not disclose any further details about the possible cash offer.

The business had a market capitalization of about 1.8 billion pounds ($2.4 billion) on Friday after stock market trading finished.

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