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WeWork shelved its initial public offering overnight after struggling to drum up investor interest in the multibillion-dollar listing. Photograph: Drew Angerer/Getty

WeWork shelved its initial public offering (IPO) overnight after struggling to drum up investor interest in the multibillion-dollar listing, in an emb(...)

The mooted valuation would be a sharp reduction from the $47 billion level that WeWork attained during its last private fundraising in January and less than a quarter of the $65 billion that bankers at Goldman Sachs had once pitched as a possibility.

WeWork announced it would appoint a lead independent director by the end of the year and reduce the voting power of co-founder Adam Neumann, bowing to(...)

Photograph: Getty Images

WeWork is considering major changes to governance to assuage investor concerns ahead of an initial public offering this month that’s given pause to so(...)

WeWork owner The We Company is considering slashing the valuation of its forthcoming IPO to below $20 billion, two sources said, in the latest headwi(...)

The We Company’s deliberations illustrate how growing investor scepticism over the US office space sharing startup’s lack of a roadmap to profitability

WeWork owner The We Company is considering slashing the valuation it will seek in an initial public offering (IPO) to a little over $20 billion (€18 b(...)

A WeWork space in Manhattan, New York. Photograph: Cole Wilson/The New York Times

WeWork owner, The We Company, is considering slashing the valuation it will seek in an initial public offering (IPO) at a little over $20 billion (€18(...)

Norges Bank, the central bank that manages the oil fund, recommended that the investor be allowed to hold up to 1 per cent of its equity portfolio in unlisted companies. rPhotograph: iStock

Norway’s $1 trillion (€902 billion) oil fund should be able to invest in large unlisted companies, according to the investor’s manager, as it seeks gr(...)

WeWork has four live locations in Dublin and is also taking space in the redeveloped former Central Bank building on Dame Street. Photograph: The New York Times

The We Company, which owns WeWork, on Wednesday filed with regulators for an initial public offering and published detailed financial statements for t(...)

Masayoshi Son, chairman and CEO of SoftBank. Photograph: Kiyoshi Ota/Bloomberg

SoftBank’s second Vision Fund could start investing as soon as next month, founder and chief executive Masayoshi Son said, as the technology conglomer(...)

Customers wait in line to use an automated teller machine (ATM) at a Japan Post Co branch in Hachioji. Photograph: Yuriko Nakao/Bloomberg via Getty Images

In early July, the 61-year-old chief executive of 7pay appeared on TV to apologise after the launch of one of Japan’s most hotly-anticipated mobile pa(...)

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