WeWork IPO valuation likely below $20 billion, clouding SoftBank’s vision

September 10, 2019 admin Business News Comments Off on WeWork IPO valuation likely below $20 billion, clouding SoftBank’s vision

WeWork owner The We Company is weighing slashing the valuation of its forthcoming IPO to below $20 billion, two sources said, in the latest headwind for leading shareholder SoftBank Group whose key group portfolio firms have tumbled in value.

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Source:: Reuters – Business News