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25 August 2017

SoftBank ploughs $4.4bn into WeWork

The corporate and the Vision Fund it manages have combined to buy $3bn of new and secondary shares and invest another $1.4bn in three regional WeWork subsidiaries.

Author: Robert Lavine, News Editor

Telecommunications firm SoftBank and the $93bn Vision Fund which it manages agreed yesterday to invest a total of $4.4bn in US-based working space operator WeWork.