SoftBank in talks to take majority stake in WeWork: WSJ
(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.
FILE PHOTO: An employee works behind a logo of Softbank Corp at its branch in Tokyo March 2, 2011. REUTERS/Toru Hanai/File Photo
The investment could be between $15 billion and $20 billion and would likely come from SoftBank’s Vision Fund, according to the report.
Reporting by Sanjana Shivdas in Bengaluru; Editing by Peter Cooney
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