In your post you say that SW was withholding information from him about Mr S. I think it's obvious that the real secret she is keeping is Mr. B.
I would bet the ranch that she is having an affair with him has been for a long time and her girlfriends know it. Her heating things up with Mr. S is a payback to B for the woman he's screwing. There is no way any woman happens to invite a man over to have drinks with her girlfriends then keeps him for the night unless she's fucking him. This is after they have had incidents where her tit just happened to pop out of her bra.
Why keep that a secret from the OP? Assuming the story is real, because she looked at B as a long term investment to replace the OP but wants his divorce to be finalized before any public announcement is made. In the meantime, it could destroy the business relationship between the OP and B. Also, it's more fun this way.
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I'm one to try and consider all possible outcomes (at least all that I can conceptualize) in advance and attach risk values to each. I've thought about this path and outcome a number of times, and as time goes along it diminishes as a possibility. There is no energy between SW and Mr. B at this point, and no contact. Literally.
So I think the reality is that Mr. B was getting this energy from SW and was thinking he was leading to an affair with her. He was probably getting some energy from me on the matter, to be honest. I was expecting this to become an affair, her first HW affair that she then admits, etc. when pressed and when shown the evidence. Nope. What happened is that when SW realized (after I pointed it out) she had been leading him on for so long, and was called on it after she told him (on her own volition) no physical sex contact or even kissing allowed, she snapped back all attentions and energy. He temporarily settled on Ms. R for any variety of reasons, and then fully disappeared from SW's radar.
And partially from my radar, with respect to social matters having involving SW. He and I remain social, and the business element continues.
Of course, he may reappear when she's ready. I do hold out hope that the two of them may get together one day, if she embraces being a Hotwife at some point and then decides that he previously earned it and will earn it on a go-forward basis. I'm not concerned about her leaving for him. His face is not handsome in the way she prefers (e.g. not her "type" in that way). He has a lot of marriage baggage (more than five kids!), etc.
All I have now is the ongoing business relationship, which I hope does not suffer because of the above. But of course there is an impact. Just gotta move through it. I remain sufficiently confident that it's gonna be fine.
I respect and admire your narrative on this element. Very dramatic, also adds just the right edge of risk in the sense of "what if?" because everything I said above could also be consistent with the two of them really laying low until the smoke clears. If they did it (I'll allow for the sake of my analysis 45% odds that they did/55% they didn't though if pressed I'd probably not go above 25% that they did), I'll either (a) never know (80%) or (b) find out if/when SW becomes a hotwife and is more willing to come clean (15%), or (c) find out if/when she leaves me for him (5%) and I'm proven to be the schmuck. So my handicapping yields (45% times 5%) = 2.25% that version (c) comes to pass. I can and will live with these odds. As I said above, in this paragraph, just the right edge of risk of unknown.
It's another subject for another time, but the concept of "mystery" in an ongoing long-term relationship (from a couples psychology standpoint) is an important element to keep the relationship feeling fresh. I think the above, and this whole adventure, more than covers the mystery element for us.
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Somebody has studied corporate finance...
Ten pairs of panties ...