WeWork announces significant funding from SoftBank Group
Oct 22, 2019 · SoftBank Group Corp. is invested in the SoftBank Vision Fund, which plans to invest up to $100 billion in the global businesses and technologies that the SoftBank Vision Fund believes will enable the next stage of the Information Revolution.
SoftBank's WeWork, once most valuable US startup, succumbs to ...
Nov 7, 2023 · WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought U.S. bankruptcy protection on Monday after its bets on companies using more...
WeWork announces completion of $1.5 billion funding from SoftBank Group …
Oct 30, 2019 · NEW YORK & TOKYO—The We Company (“WeWork” or the “Company”) and SoftBank Group Corp. (“SoftBank”) today announced that WeWork has received $1.5 billion in funding, which was an acceleration of the existing payment obligation, approved by WeWork’s shareholders at $11.60 per share.
SoftBank makes another bet on WeWork, hoping landlords will too
Nov 7, 2023 · WeWork's $3 billion debt for equity swap deal with its creditors marks the latest effort by top shareholder SoftBank to revive the troubled office-space provider and recoup some of the...
SoftBank Group - Wikipedia
SoftBank Group Corp. ... [73] On 20 March, SoftBank bought a $300m stake in WeWork. [74] On 14 February 2017, SoftBank Group agreed to buy Fortress Investment Group LLC for $3.3 billion. [66] In February 2017, it was announced that Social Finance Inc. was close to raising $500 million from an investor group led by Silver Lake, including ...
Significant Funding to WeWork | SoftBank Group Corp.
Oct 23, 2019 · SoftBank Group Corp. (“SBG”) and The We Company (“WeWork”), a provider of co-working space service “WeWork,” announced today an agreement under which SBG commits to provide significant funding to WeWork, as per the attached.
How SoftBank made WeWork an offer it had to accept | Reuters
Oct 25, 2019 · SoftBank offered $9.5 billion to WeWork, including new debt and recommitted equity, as well as a tender offer to partly cash out Neumann and other shareholders.
Softbank clinches deal to buy WeWork that bails out founder - New York Post
Oct 23, 2019 · SoftBank Group agreed to spend more than $10 billion to take over WeWork on Tuesday, doubling down on an ill-fated investment and giving a near $1.7 billion payoff to the U.S. office-space...
SOFTBANK AND WEWORK ANNOUNCE JOINT VENTURE TO …
Jul 18, 2017 · The SoftBank Group * and WeWork will each own 50% of the joint venture, which will operate under the name of WeWork Japan. By entering Japan, WeWork will expand its global community and connect its more than 130,000 members to …
SoftBank settles WeWork lawsuit, leaving co-founder with …
Feb 27, 2021 · WeWork Cos. and co-founder Adam Neumann reached a legal settlement with SoftBank Group Corp. that will cement control of the embattled real estate start-up with its largest investor and...