SoftBank is reportedly considering an investment of more than $1bn in working space provider WeWork as the first deal for its $100bn Vision Fund.
Telecommunications and internet firm SoftBank is considering investing “well over $1bn” in US-based workspace operator WeWork, the Wall Street Journal reported yesterday citing people familiar with the matter.
The deal would be the first to be conducted by SoftBank’s $100bn Vision Fund, which is set to formally close shortly after securing capital from a range of other corporates as well as state-owned investment funds.
WeWork operates a network of co-working spaces that spans 147 locations across 35 cities in 15…
