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WeWork secures $1B SoftBank investment, FT reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallAug 10th, 2018

WeWork locked in talks with SoftBank over $1B investment, Reuters reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallOct 8th, 2019

SoftBank in talks for "multibillion-dollar" investment in WeWork, WSJ reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJun 14th, 2018

SoftBank slashes planned WeWork investment, FT reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 7th, 2019

WeWork"s Neumann nears settlement deal with SoftBank, WSJ reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 23rd, 2021

Ousted WeWork CEO Adam Neumann is suing SoftBank — Here"s why

Founder and former CEO of WeWork Adam Neumann is suing SoftBank, the company's biggest investor. CNBC's Deidre Bosa reports......»»

Category: realestateSource: cnbcMay 5th, 2020

WeWork co-founder sues SoftBank over failed deal

WeWork co-founder Adam Neumann has accused one-time ally Softbank of abuse of power, filing a lawsuit against the company on Monday for pulling a deal to buy $3 billion of WeWork's shares from investors. Gloria Tso reports......»»

Category: videoSource: reutersMay 5th, 2020

SoftBank is taking a $6.6 billion hit from WeWork"s stumbles

Softbank is taking a $6.6 billion hit on its WeWork investment.  The company's value has sunk drastically in recent months following its failed IPO bi.....»»

Category: topSource: businessinsiderApr 30th, 2020

SoftBank to write down WeWork by $6.6 billion, compounding portfolio misery

SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) for the year ended March on the portion of its WeWork investment held outside the Vision Fund, as the virus compounds woes at one of the firm's biggest bets......»»

Category: topSource: reutersApr 30th, 2020

SoftBank writes down WeWork by $6.6 billion, compounding portfolio misery

SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) in the year ending March on the portion of its WeWork investment held outside the Vision Fund, as the virus compounds woes at one of the firm's biggest bets......»»

Category: topSource: reutersApr 30th, 2020

SoftBank sees $8.4 billion net loss on WeWork writedown

SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) in the year ending March on the portion of its WeWork investment held outside the Vision Fund, extending the group's expected net loss to 900 billion yen......»»

Category: topSource: reutersApr 29th, 2020

WeWork troubles deepen as SoftBank pulls share offer

SoftBank has pulled a $3 billion tender for more shares in WeWork, deepening troubles for the office-sharing firm. Julian Satterthwaite reports......»»

Category: videoSource: reutersApr 2nd, 2020

SoftBank pulls out of planned $3B WeWork share purchase, FT reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 2nd, 2020

Stock buybacks and cutting losses: SoftBank, the Japanese investment giant behind WeWork, is under immense pressure to shield itself from an upcoming downturn

Reuters SoftBank is selling key assets to buy back stock in an effort to cushion its stock, which has plummeted over 50% since mid-February because of fears over the coronavirus outbreak, the co.....»»

Category: topSource: businessinsiderMar 23rd, 2020

WeWork directors prepare for fight as SoftBank gets cold feet, WSJ reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 23rd, 2020

WeWork board"s special committee is demanding that SoftBank follow through with investment

In an email on Sunday, the special committee to the WeWork board said that it's attempting to ensure that SoftBank complete its tender offer as promised......»»

Category: realestateSource: cnbcMar 22nd, 2020

SoftBank pulls out from part of planned WeWork bailout, WSJ reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 17th, 2020

SoftBank"s Son optimistic about returning WeWork to good health, NY Post reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 3rd, 2020

Softbank says WeWork still good business at core, Bloomberg reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 20th, 2020

WeWork only signed four new leases in its fourth quarter

WeWork only signed four new leases in the U.S. in the fourth quarter, as the company reeled in expenses following a SoftBank-led bailout. CNBC's "Squawk Box" crew reports......»»

Category: realestateSource: cnbcJan 16th, 2020

SoftBank talks to secure $3B WeWork financing stall, Reuters reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallDec 23rd, 2019