REUTERS: SoftBank Group Corp is holding talks with WeWork to boost a US$1.5 billion investment it had earlier agreed to invest in the U.S. office-sharing startup, the Financial Times reported on Wednesday.
SoftBank is planning to pledge an extra US$1 billion or even more to alter warrant agreement terms it struck this year with WeWork, the report said, citing people briefed on the matter.SoftBank would invest at least US$2.5 billion, but would lower the price per share at which it acquires WeWork share, the report added.
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