Regus raises its offer for MWB

Regus, the office space supplier, has raised its offer to acquire MWB Business Exchange to £65.6m, outbidding Hong Kong billionaire investor Anson Chan, who made an offer of £65m last week. Regus, which wants to expand its portfolio to new locations through MWB’s business centres, had previously made an offer of £40m. Pyrrho, which already owns a 17 per cent stake, is not allowed to make another offer.