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SoftBank to buy at least $ 750 million WeWork parent shares in IPO



SoftBank Group Corp. plans to buy at least $ 750 million of shares in WeWork's upcoming IPO, a move that could allow the office-sharing company to roll out an offer that has been plagued by lukewarm investor demand.

The Japanese technology conglomerate, which is already the largest investor in WeWork's parents, will end up with 25% or more of the shares sold in an offer expected to raise at least $ 3 billion and value the startup to between $ 15 and $ 15. $ 20 billion. , according to people familiar with the matter.


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