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ASX to rise, S&P 500 extends its record run

ASX to rise, S&P 500 extends its record run
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MARKET REPORT: CC Capital plotting £4bn swoop on Regus owner IWG

Takeover talk continues to grip the stock market – and all eyes will be on serviced office company IWG when trading resumes today. Reports last night suggested the firm, which owns Regus and is valued at £3billion, is a potential target. New York based private equity firm CC Capital has held talks with the London-listed group about a possible £4billion bid in the past month, according to Sky News.illio Takeover rumours: New York based private equity firm CC Capital has reportedly held talks with London-listed serviced office company IWG about a possible £4bn bid  That would value the 28.5 per cent stake held by founder and chief executive Mark Dixon at more than £1billion. 

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