SoftBank Group Corp. is in talks with partner financial institutions including Mizuho Bank to secure loans totaling ¥200 billion to ¥300 billion to support The We Co., operator of the WeWork office-sharing business, sources with knowledge of the matter said Thursday.
SoftBank plans to provide a total of $9.5 billion (¥1.03 trillion) in assistance to the financially troubled U.S. company.
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