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SoftBank commits $3 billion to WeWork

SoftBank is by far the biggest investor in We-Work, which was founded in 2010 and runs shared office spaces. WeWork raised $1 billion from Soft-Bank in August in the form of a convertible note, which would convert to equity at varying share prices depending on the circumstances of next funding round.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2QE0knc
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