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SoftBank in talks to take majority stake in WeWork - WSJ

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SoftBank in talks to take majority stake in WeWork - WSJ

SoftBank in talks to take majority stake in WeWork - WSJ
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ISSEI KATO(Reuters)
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(Reuters) - Japan's SoftBank Group Corp <9984.T> 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 $15 billion (£11.4 billion) and $20 billion (£15.2 billion) and would likely come from SoftBank's Vision Fund, according to the report https://www.wsj.com/articles/softbank-discusses-taking-majority-stake-in-wework-1539127641.

(Reporting by Sanjana Shivdas in Bengaluru; Editing by Peter Cooney)

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