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WeWork"s China unit gets $500 million funding from Temasek, Softbank, others

The Chinese unit of U.S. co-working space provider WeWork Cos said it has raised $500 million from investors including Temasek Holdings [TEM.UL] and SoftBank Group Corp as it looks to expand in the market for shared office space in the country......»»

Category: topSource: reutersJul 27th, 2018

SoftBank in talks to take majority stake in WeWork: WSJ

Japan's SoftBank Group Corp is in talks to take a majority stake in shared office space provider WeWork Cos, the Wall Street Journal reported on Tuesday, citing people familiar with the talks......»»

Category: topSource: reutersOct 9th, 2018

SoftBank injects $2 bln more into WeWork

The SoftBank Group plans to invest an additional $2 billion in WeWork, valuing the shared office space provider at $47 billion, sources tell Reuters. Fred Katayama reports......»»

Category: videoSource: reutersJan 8th, 2019

SoftBank seeks control of WeWork through financing package: WSJ

SoftBank Group Corp. has prepared a financing package for WeWork Companies Inc that would give it control over the shared office space company, the Wall Street Journal reported......»»

Category: topSource: reutersOct 13th, 2019

SoftBank in talks to boost $1.5 billion WeWork investment pledge: FT

SoftBank Group Corp is holding talks with WeWork to boost a $1.5 billion investment it had earlier agreed to invest in the U.S. office-sharing startup, the Financial Times reported on Wednesday......»»

Category: topSource: reutersSep 25th, 2019

WeWork in Talks With SoftBank to Double Valuation to as Much as $40 Billion

SoftBank Group Corp. is in discussions to invest another giant slug of capital in WeWork Cos., with a potential deal that would value the shared-office company at $35 billion to $40 billion, people familiar with the matter said......»»

Category: smallbizSource: wsjJun 13th, 2018

SoftBank Discusses Taking Majority Stake in WeWork

SoftBank Group is in discussions to take a majority stake in WeWork, in what would be a giant bet on the eight-year-old provider of shared office space......»»

Category: smallbizSource: wsjOct 9th, 2018

The Wall Street Journal: SoftBank in talks to take majority stake in WeWork with up to $20 billion investment

SoftBank Group Corp. is in discussions to take a majority stake in WeWork Cos., in what would be a giant bet on the eight-year-old provider of shared office space, according to people familiar with the talks......»»

Category: topSource: marketwatchOct 9th, 2018

SoftBank in talks to take majority stake in WeWork: source

Japan's SoftBank Group Corp is in discussions to take a majority stake in shared office space provider WeWork Cos, a source familiar with the matter said, a deal that would increase one of its biggest bets on a late-stage U.S. startup......»»

Category: topSource: reutersOct 9th, 2018

SoftBank in talks to buy majority stake in loss-making WeWork: source

Japan's SoftBank Group Corp is in discussions to buy a majority stake in U.S. shared office space provider WeWork Cos, a source said, potentially doubling down on one of its biggest bets on a loss-making startup......»»

Category: topSource: reutersOct 10th, 2018

SoftBank Explores Taking Majority Stake in WeWork

SoftBank Group is in discussions to take a majority stake in WeWork, in what would be a giant bet on the eight-year-old provider of shared office space......»»

Category: smallbizSource: wsjOct 10th, 2018

SoftBank upping bet on loss-making WeWork with possible majority stake: source

Japan's SoftBank Group Corp is in discussions to buy a majority stake in U.S. shared office space provider WeWork Cos, a source said, potentially doubling down on one of its biggest bets on a loss-making startup......»»

Category: topSource: reutersOct 10th, 2018

SoftBank upping bet on WeWork

Japan's SoftBank is in discussions to buy a majority stake in U.S. shared office space provider WeWork, a source said. Fred Katayama reports......»»

Category: videoSource: reutersOct 10th, 2018

WeWork gets $3 billion in new funding from SoftBank

U.S. shared office space provider WeWork Cos has secured an additional $3 billion in funding from Japan's SoftBank Group Corp, according to an investor presentation seen by Reuters......»»

Category: topSource: reutersNov 13th, 2018

Softbank to invest additional $2 billion in WeWork: sources

SoftBank Group Corp will inject another $2 billion in WeWork Cos Inc this year, bringing the Japanese conglomerate's total investment in the office space provider to more than $10 billion, according to two people familiar with the matter......»»

Category: topSource: reutersJan 7th, 2019

SoftBank to invest additional $2 billion in WeWork: sources

SoftBank Group Corp will inject another $2 billion in WeWork Cos Inc this year, bringing the Japanese conglomerate's total investment in the office space provider to more than $10 billion, according to two people familiar with the matter......»»

Category: topSource: reutersJan 7th, 2019

SoftBank Scraps $16 Billion Plan to Buy Most of WeWork

SoftBank Group has halted a planned $16 billion investment in shared-office space provider WeWork, opting instead for a smaller deal of about $2 billion amid market turbulence and opposition from investment partners......»»

Category: asiaSource: wsjJan 8th, 2019

WeWork agrees to $9B SPAC deal in push for stock-market listing

WeWork has agreed to sell itself in a blank-check deal that will result in the shared office space provider becoming a publicly traded company almost two years after its initial public offering debacle......»»

Category: topSource: foxnewsMar 26th, 2021

The Wall Street Journal: WeWork co-founder Adam Neumann sues SoftBank over collapse of $3 billion deal

WeWork’s co-founder and former chief executive Adam Neumann sued SoftBank Group Corp., accusing the Japanese technology group of breaking a key provision of a deal that gave SoftBank control of the shared-office-space company......»»

Category: topSource: marketwatchMay 4th, 2020

SoftBank to abandon $3 billion deal for additional WeWork shares

Japan's SoftBank Group Corp will not complete a $3 billion tender offer for additional WeWork shares agreed last year with its shareholders, a special committee of the U.S.-based shared-office operator's board said on Wednesday......»»

Category: topSource: reutersApr 1st, 2020