WeWork board weighs up $10bn rescue plan from Japan's SoftBank

Proposal for US office-sharing company would lead to exit of co-founder Adam Neumann

The board of WeWork is meeting on Tuesday to consider a rescue plan worth almost $10bn (£7.7bn) from its biggest investor, Japan’s SoftBank, according to reports.

The proposal would keep the struggling US office-sharing company afloat and lead to the departure of its controversial chairman and co-founder, Adam Neumann.

Continue reading…

Read More WeWork board weighs up bn rescue plan from Japan's SoftBank

Related Post