TOKYO—SoftBank Group Corp. said Wednesday that it recorded a loss of about $4.7 billion on its investment in U.S. office-sharing company WeWork made through a wholly owned subsidiary.WeWork, formally called We Co.
, had been valued at $47 billion before...4.7bil.. Well that's a lot.
Should fire it’s ceo and entire leadership.
WeWork will be the bane and beginning of end for Masayoshi...nothing makes sense in this 'investment'...only 'fraud'.
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WSJ News Exclusive | Santander Takes Stake in U.K. Payments CompanySpanish bank Santander agreed to acquire a stake in a U.K.-based payments platform for $453 million, as European banks hobbled by ultralow interest rates target growth areas.
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