Regus PLC (RGU.LN), a provider of worspaces, Tuesday announced its commitment to an all-cash Offer for MWB Business Exchange (MBE.LN), which it believes is superior to other offers for the company, and said it will withdraw its offer should MWB not enter into discussions with Regus by Monday June 13.

-Shares at 1040 GMT up 1 pence, or 1.3%, at 113 pence valuing the company at GBP1.06 billion.

-By Peter Evans, Dow Jones Newswires; 44-20-7842-9308; peter.evans@dowjones.com

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