WeWork confirms an up to $8 billion lifeline from SoftBank Group; names new executive chairman

06:11 23.10.2019
Confirming earlier reports, The We Company and SoftBank Group agreed to a new capital infusion which will see SoftBank committing $5 billion in new financing and issuing a tender offer for another $3 billion in buybacks for shareholders. The company also said it would accelerate an existing commitment to put $1.5 billion into the short-term […]...
  225