SoftBank to In­vest $3 b in WeWork

The Economic Times - - Disruption: Startups & Tech -

SoftBank Group is close to mak­ing an in­vest­ment in US of­fice­shar­ing startup WeWork ex­pected to be worth over $3 bil­lion, as it ex­pands its reach be­yond tech and tele­coms. Led by founder Masayashi Son, SoftBank has made a string of sur­pris­ing buys and in­vest­ments over the past months, most re­cently an all-cash deal to buy as­set man­ager Fortress In­vest­ment Group. — Reuters

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