Chris Lane of Sanford C. Bernstein says WeWork can have a bright future if SoftBank overhauls the business plan.

The post SoftBank’s Son may still have the last laugh on WeWork deal: Bernstein appeared first on DealStreetAsia.

Probes by the U.S. Justice Department and the SEC have given SoftBank an excuse to go back and renegotiate a deal with The We Company's existing shareholders.

The post Neumann could be cornered as SoftBank has second thoughts about WeWork appeared first on DealStreetAsia.

SoftBank Group Corp. needs to cut and run on its entire WeWork investment, not just the shares.

The post Another 5b reasons for SoftBank to walk away from WeWork appeared first on DealStreetAsia.

WeWork's SE Asia peers claim to have emerged largely unscathed with big expansion plans for this year.

The post Forget WeWork’s woes, SE Asia’s co-working space operators are expanding appeared first on DealStreetAsia.

Office provider’s move to skip rent payments and renegotiate leases knocks CMBS market

WeWork’s ex-chief sues SoftBank, a popular children’s computer game gets hacked, and IBM’s Think conference goes virtual this week. WeWork cofounder and former chief executive Adam Neumann has filed a suit against Japanese conglomerate SoftBank for abandoning a $3 billion tender offer to the startup’s shareholders. The money is part of a $9.6 billion rescue…

Billionaire Adam Neumann, who was ousted from WeWork after the company’s botched attempt to go public last year, is selling a swanky penthouse in Manhattan’s Gramercy Park neighborhood for $37.5 million. The 41-year-old Israeli entrepreneur, whose unorthodox management style made shocking headlines in recent months, reportedly combined a four-bedroom penthouse and a three-bedroom apartment that he bought in 2017 into a massive three-story unit.

The office space company has filed for an initial public offering, here are five things you need to know about one of the year's hottest IPOs

There's little downside for the founder of the collapsed office rental company in taking on his former benefactor.

The companies are committing to find ways to use their businesses to help patients with cancer.

Sharing resources and renting just what you need is green, but not much of a business model.

Founder and former CEO of WeWork Adam Neumann is suing SoftBank, the company's biggest investor. CNBC's Deidre Bosa reports.

In the lawsuit, Neumann accuses Softbank of backing out of a key provision of its nearly $10 billion bailout agreed to in October. Neumann was the biggest beneficiary of the deal that would have seen him cash out $970 million worth of his stake in the coworking startup.

Patrick Jenkins and guests discuss RBS as Alison Rose, the first woman to lead one of the UK’s top banks, takes the helm, Iqbal Khan and the hiring spat between Credit Suisse and UBS, and the role of US investment banks in the failed WeWork IPO. With special guest John Cronin of Goodbody stockbrokers in Dublin.

Contributors: Patrick Jenkins, financial editor, Nicholas Megaw, retail banking correspondent, Stephen Morris, European banking correspondent, and Laura Noonan, US banking editor. Producer: Fiona Symon

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Office group founder files lawsuit over largest investor’s decision to pull out of $3bn tender offer

The workplace philosophy of WeWork founder Adam Neumann was at the heart of his global real estate company. But WeWork is imploding after a recent IPO was shelved and Mr Neumann has been removed as CEO. Pilita Clark discusses how the company got into such difficulties and what this signifies for the property markets with Andrew Edgecliffe Johnson and Judith Evans.

Contributors: Pilita Clark, business columnist, Andrew Edgecliffe-Johnson, US business editor, and Judith Evans, property correspondent. Producers: Persis Love and Fiona Symon

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Adam Neumann transformed shared offices but failed to charm stock market investors

The route to success these days is not chasing profits but hoarding market share

Adam Neumann, the co-founder and chief executive of the international real estate co-working startup WeWork has reportedly cashed out of more than $700 million from his company ahead of its initial public offering. The size and timing of the payouts, made through a mix of stock sales and loans secured by his equity in the company, […]

Adam Neumann, the co-founder and chief executive of the international real estate co-working startup WeWork has reportedly cashed out of more than $700 million from his company ahead of its initial public offering. The size and timing of the payouts, made through a mix of stock sales and loans secured by his equity in the company, […]