WeWork's valuation could reportedly slip below $8 billion as part of SoftBank's proposed bailout of the embattled company

SoftBank is reportedly eyeing a plan to rescue WeWork from its precarious financial situation that would value the company below $8 billion, according to a new report from Bloomberg. The embattled office-sharing company is weighing competing bailout plans from SoftBank and JPMorgan in order to avoid running out of cash, which could reportedly happen as soon as next month.

SoftBank is reportedly eyeing a plan to rescue WeWork from its precarious financial situation that would value the company below $8 billion, according to a new report from Bloomberg. The embattled office-sharing company is weighing competing bailout plans from SoftBank and JPMorgan in order to avoid running out of cash, which could reportedly happen as soon as next month.

SAI Let it fail, what is wrong with letting things fail. Part of life - it sinks .. it sinks .. grab that $8 billion and invest it somewhere else that WILL MAKE PROFIT AND GOOD RETURN!!!

😳

彼にはどんな未来が見えてるのだろう

Should be valuation of $2bn. He's sinking more good money after bad.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Real estate mogul Barry Sternlicht: WeWork went 'off the rails' but it's still a 'real company''It was built for hyper growth and that is too capital intensive,' says the Starwood Capital founder.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »