Court papers reveal Japanese conglomerate transferred money less than a week before office rental group filed for bankruptcy
SoftBank transferred almost $1.5bn to WeWork’s lenders less than a week before the shared office rental group filed for bankruptcy, court documents have revealed.
The Japanese conglomerate has endured steep losses on its investment in WeWork, which was one of the world’s most fêted startups when it first invested six years ago.
More Stories
Fight to stop Tesla project in South Australia to continue after council approval
Google and Home Depot drop Pride Toronto sponsorship amid Trump’s DEI war
Former bosses at video games firm Ubisoft on trial in France accused of sexual harassment