SoftBank is in discussions to take a majority stake in Adam Neumann’s co-working firm WeWork, which could amount to an investment as high as $20 billion, a new report claims. If a deal were to materialize, the money would reportedly come from SoftBank’s Vision Fund, according to the Wall Street Journal. SoftBank, an almost $100 billion fund backed by Saudi Arabia and Abu Dhabi sovereign wealth funds, has invested over $5 billion in WeWork so […]
source https://therealdeal.com/2018/10/10/softbank-in-talks-to-take-a-majority-stake-in-wework-report/
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