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Regus unveils £1.58bn float

Regus has announced it will launch a £1.2bn-£1.6bn floatation next month.

It intends to raise £235-£286m on the London Stock Exchange. The move comes a year after ditching its original flotation plans.

The international serviced offices provider published a pathfinder document which showed it expects current-year revenues of £385m-£415m.

The Daily Telegraph 27/09/00 page 33
The Times 27/09/00 page 28
The Independent 27/09/00 page 15, page 16 (Outlook)
Financial Times 27/09/00 page 32
The Guardian 27/09/00 page 25

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