UBER - From London To Wall Street: WeWork Rival IWG Reportedly Eyes US Listing For Enhanced Valuation | Benzinga
IWG Plc (OTC:IWGFF), a provider of flexible office solutions, is reportedly considering a strategic move to list on the U.S. stock market, seeking to align its market valuation with tech giants such as Uber Technologies Inc. (NYSE:UBER) and Airbnb Inc. (NASDAQ:ABNB).
The company, known for its Regus office spaces, has switched the currency in which it reports to dollars and is reviewing adopting U.S. GAAP accounting standards to reflect that most of its earnings are generated in the region, reported Bloomberg.
Amid considerations for a U.S. listing, IWG’s CEO, Mark ...