A £3bn bidding war breaks out for office rentals giant IWG

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Mark Dixon founded IWG, then called Regus, in 1989.

The father-of-five had the idea after noticing the lack of office space for travelling business executives meeting at tables next to him in a Brussels café. 

Essex-born Dixon, who lives in Monaco, started Dial-a-Snack, which delivered sandwiches, after he left school. 

But the business failed and he went travelling before returning to Essex to buy a burger van. 

He set up The Bread Roll Company to solve supply issues and sold it for £800,000 in 1988. He relocated to Brussels, where he started Regus.

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