SoftBank to write down WeWork by $6.6 billion, compounding portfolio misery
https://www.reuters.com/article/us-softbank-group-results/softbank-to-write-down-wework-by-6-6-billion-compounding-portfolio-misery-idUSKBN22C011
SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) for the year ended March on the portion of its WeWork investment held outside the Vision Fund, as the virus compounds woes at one of the firm's biggest bets.
