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SoftBank in talks to take majority stake in shared office space provider WeWork: report

2018-09-27T060825Z_6675811_RC18D0F52300_RTRMADP_3_SOFTBANK-GROUP-FUNDRAISING.JPG
Japan's SoftBank Group Corp is in talks to take a majority stake in shared office space provider WeWork Cos, The Wall Street Journal reported on Tuesday, citing people familiar with the talks.

[BENGALURU] Japan's SoftBank Group Corp is in talks to take a majority stake in shared office space provider WeWork Cos, The Wall Street Journal reported on Tuesday, citing people familiar with the talks.

The investment could be between US$15 billion and US$20 billion and would likely come from SoftBank's Vision Fund, according to the report.

REUTERS

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