SoftBank shares fall as WeWork deal adds to financial strains

SoftBank shares fall as WeWork deal adds to financial strains

5 years ago
Anonymous $xdcOWPpsb_

https://www.reuters.com/article/us-wework-softbank-group-stocks/softbank-shares-fall-as-wework-deal-adds-to-financial-strains-idUSKBN1X202G

Shares of SoftBank Group Corp fell 3% in morning trade on Wednesday as the tech conglomerate agreed to spend more than $10 billion to take over beleaguered office-space sharing startup WeWork, adding to its financial pressures.

SoftBank shares fall as WeWork deal adds to financial strains

Oct 23, 2019, 4:15am UTC
https://www.reuters.com/article/us-wework-softbank-group-stocks/softbank-shares-fall-as-wework-deal-adds-to-financial-strains-idUSKBN1X202G >Shares of SoftBank Group Corp fell 3% in morning trade on Wednesday as the tech conglomerate agreed to spend more than $10 billion to take over beleaguered office-space sharing startup WeWork, adding to its financial pressures.