According to the Financial Times sources close to the deal details, Japanese telecommunication company SoftBank is going to cut investment in co-working network WeWork from $16 bn to $2 bn.
https://i.redd.it/eu8y1lx7yd921.jpg
So, SoftBank Vision Fund which was the main WeWork`s investor doesn`t participate in the deal.
It is worth mentioning that the loss-making co-working network received an additional $3 bn investment from SoftBank in November 2018.
The information above cannot be considered as an investment advice and past results do not indicate future performance.
**Investors should have experience and understand the risks of losing all the initial investment
Submitted January 09, 2019 at 06:50AM by GMO_Trading http://bit.ly/2FlZUPq
