NEW YORK, Jan25th,2021– WeWork Inc. (NYSE: WE) and Common Desk announced that the companies have signed a definitive agreement under which WeWork will acquire Common Desk, a premier flexible workspace provider based in Dallas, Texas. The transaction is WeWork’s latest step in executing on a path towards cost-efficient, strategic growth. Founded in 2012, Common Desk […]
Coworking company WeWork lost $3.2 billion last year and looking to raise $1 billion in investment and a stock market listing through SPAC.
WeWork sued SoftBank after the Japanese investment group announced backing out of a USD 3 billion investment deal.
SoftBank has terminated a $3 billion tender offer for additional WeWork shares agreed last year with shareholders.
Sandeep Mathrani, a real estate industry veteran appoint as a WeWork CEO.
Leading Coworking space WeWork has completed the sales of Teem and its minority stake in The Wing.
WeWork and Softbank reached to an agreement where softbank will provide additional funding to Wework.
Softbank could take control of WeWork as part of a financial package to address the company’s cash crunch.
WeWork CEO Adam Neumann decided to Step down amid standoff with Softbank and other investors after delay in IPO launch.
Japanese VC firm Softbank a leading investor in Coworking startup WeWork decided to act against company’s CEO Adam Neumann after company postponed its initial public offering.
New York based Coworking company WeWork, also known as WE will launch its IPO in the end of Year 2019.
Co-working startup WeWork filed for an IPO after its parent company proposes its stock sale under We ticker.