• Bloomberg

  • SHARE

SoftBank Group Corp. told shareholders of WeWork that it could withdraw from an agreement to buy $3 billion (¥321.4 billion) of stock in the embattled coworking business, casting doubt on a deal that had been set to close in about two weeks.

In a message to stockholders reviewed by Bloomberg, the conglomerate cited numerous government inquiries into WeWork, including those from U.S. attorneys, the Securities and Exchange Commission, attorneys general in California and New York, and the Manhattan district attorney.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)