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Regus - Possible offer for MWB Business Exchange
Slaughter and May is advising Regus plc (société anonyme) ("Regus"), the world's largest provider of flexible workspaces, in connection with its possible cash offer for MWB Business Exchange plc ("MBE"), which would value the company at approximately £60 million.
On 28 April 2011, MWB Group Holdings plc (which already owns 72.28 per cent. of MBE) announced a recommended offer to acquire the shares in MBE which it does not yet own. On 27 May 2011, Regus announced its competing possible offer for MBE under Rule 2.4 of the Takeover Code.
Contacts
David Watkins (partner), Murray Cox (associate), Anna Lee (associate); Dispute Resolution: Efstathios Michael (partner)
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