Expert insights, analysis and smart data help you cut through the noise to spot trends, risks and opportunities. Join over 300,000 Finance professionals who already subscribe to the FT.
Read more: https://on.ft.com/31a81bQ
“WeWork is in talks to combine with a special purpose acquisition company (SPAC), a deal that would usher the oﬃce-leasing company into the public markets more than a year after its high-profile failure to stage a traditional initial public offering,” reported The Wall Street Journal, citing p
Read more: https://bit.ly/3qZzdEW
WeWork pulled its IPO in 2019 after mulling a massive valuation cut to drum up investor interest, and cofounder Adam Neumann was ousted as chief executive and chairman. Real-estate veteran Sandeep Mathrani started as CEO in February and has kicked off a multi-year turnaround plan.
Read more: https://bit.ly/3oEs50p
The special committee of WeWork‘s board said it is suing SoftBank after the investment giant withdrew its US$3 billion tender offer for the embattled startup.
Read more: https://bit.ly/3aWnnUo
WeWork will offer a charge-by-minute service to Hong Kong, tapping into its extensive network in the city.
Read more: http://bit.ly/2MeMLwP