SoftBank adds to financial burden with $10 billion WeWork deal

SoftBank adds to financial burden with $10 billion WeWork deal

4 years ago
Anonymous $xdcOWPpsb_

https://www.reuters.com/article/us-wework-softbank-group-stocks/softbank-adds-to-financial-burden-with-10-billion-wework-deal-idUSKBN1X202G

SoftBank Group Corp's financial strains escalated on Wednesday as it agreed to spend more than $10 billion to take over office-space sharing startup WeWork, knocking the Japanese tech conglomerate's already weakened shares.

SoftBank adds to financial burden with $10 billion WeWork deal

Oct 23, 2019, 12:17pm UTC
https://www.reuters.com/article/us-wework-softbank-group-stocks/softbank-adds-to-financial-burden-with-10-billion-wework-deal-idUSKBN1X202G >SoftBank Group Corp's financial strains escalated on Wednesday as it agreed to spend more than $10 billion to take over office-space sharing startup WeWork, knocking the Japanese tech conglomerate's already weakened shares.