Slaughter and May is advising IWG plc on the merger of its digital assets with The Instant Group

Slaughter and May is advising IWG plc on the merger of certain of its digital and technology assets with The Instant Group, a global business providing a flexible workspace platform and services. IWG is investing £270 million to acquire the shares, with Instant management expected to invest a further £50 million into the combined business. The merger is being effected with a view to listing the merged businesses by the end of 2023 via a listing on the US or UK markets.