Wework
Infrastructure
SoftBank scraps $3 bn deal for additional WeWork shares
Japan's SoftBank Group Corp will not complete a $3 billion tender offer for additional WeWork shares agreed last year with...
TMT
SoftBank Group's shares slump on scepticism over startup bets
SoftBank Group Corp shares fell as much as 11.6% on Wednesday, with its market capitalisation dipping below the value of ......
Finance
SoftBank's Masayoshi Son vows to be more careful after WeWork, other bets sour
SoftBank Group Corp Chief Executive Masayoshi Son, under pressure from hedge fund Elliott Management to rein in his mercurial...
People
WeWork names former EY exec Shyam Gidumal new COO
Office-sharing startup WeWork on Thursday named a former Ernst & Young executive, Shyam Gidumal, as its new chief operating...
Finance
SoftBank spends $2.5 bn to get second Vision Fund off the ground
SoftBank Group Corp has pumped $2.5 billion of its own cash into new investments since October, people familiar with the ......
Finance
SoftBank scales back second Vision Fund as first fund's loss wipes out group profit
Japan’s SoftBank Group Corp said on Wednesday its third-quarter operating profit fell 99%, well short of analyst estimates,...
Infrastructure
SoftBank's Kirthiga Reddy joins WeWork board
Office sharing startup WeWork said on Thursday that Kirthiga Reddy, partner at SoftBank Investment Advisers since 2018, would...
Infrastructure
WeWork names Brookfield exec Sandeep Mathrani as CEO
SoftBank-backed office sharing firm WeWork named real estate industry veteran Sandeep Mathrani as its new chief executive on Saturday. Mathrani...
TMT
WeWork debacle has unicorn investors seeking cover
In the months since office-sharing startup WeWork's botched public debut, mid- and late-stage investors in big start-ups have...
Markets
Saudi Aramco, Alibaba rescue sluggish 2019 global equity capital markets
Giant listings by Saudi Aramco and Alibaba rescued a sluggish year for equity capital markets (ECM) in 2019 after a ......
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