Friday, 14 June 2019

WeWork is in talks to take $1.9B majority stake in India affiliate

WeWork is reportedly in talks to take a majority stake in its India affiliate as the company powers toward an initial public offering. The flexible office space giant could take a 70 percent stake priced at $1.9 billion in a cash-and stock deal that could close as soon as August, according to Bloomberg. The terms of the deal, which would reportedly value the India-based affiliate at $2.75 billion, have not been finalized. WeWork declined to […]



source https://therealdeal.com/national/?p=194738#new_tab

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