Announced
Financials
Sources
Tags
Friendly
Majority
Taiwan
Property Services
Pending
Acquisition
Single Bidder
office space provider
Private
Synopsis
TKP, an integrated service provider of meeting and conference space, agreed to acquire Regus Taiwan, an office space provider, from IWG, the global operator of co-work and flexible workspaces. Current valuation of Regus Taiwan is estimated £22.7m. The acquisition price will be finalized after adjustments considering cash, debt and working capital. This agreement includes an exclusive long-term franchise and strategic partnership in Taiwan market. TKP completed the acquisition of Regus Japan with same terms in May of 2019.
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