Friday 6 November 2020

Breather may explore sale or capital raise as flex-office industry struggles

Flex-office provider Breather has brought on Moelis & Company, an investment bank specializing in mergers and acquisitions, to consider a possible sale or capital raise, Business Insider reported. Both companies declined to comment to BI. The flex-office industry has suffered as employees continue to shun physical workspaces in favor of remote working. As a result, revenue has dropped as much as 60 percent across the industry during the worst of the pandemic, Shlomo Silber, chief



source https://therealdeal.com/2020/11/06/breather-may-explore-sale-or-capital-raise-as-flex-office-industry-struggles/

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