IFLR1000

SoftBank $4.4 billion investment in WeWork

24/8/2017
Financial investment
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$ 4.4 billion

Announced

24/8/2017

Overview:

  • SoftBank has invested $4.4 billion in US company WeWork.
  • $3 billion will be invested directly into WeWork, via primary and secondary shares, and $1.4 billion will be invested into three subsidiaries: WeWork China, WeWork Japan and WeWork Pacific. 
  • WeWork is an office-sharing company.
  • The investment will allow for the group's global expansion.
  • The funding comes from SoftBank's $93 billion tech-focused Vision Fund.
  • It follows an earlier investment of $300 million.

Katrin Kostadinova - Data analyst

Jurisdictions:

United States
Japan

Deal type:

Financial investment

Practice area:

M&A

Governing law:

Japan

Industry sector:

Real estate

Firms:
Morrison & Foerster

Party: SoftBank (Investor)

Lawyers: Gary Brown, Kenneth Siegel, Marcia Ellis, Susan Mac Cormac

NautaDutilh

Party: WeWork (Borrower)

Lawyer: Ruud Smits

Skadden Arps Slate Meagher & Flom

Party: WeWork (Borrower)

Lawyers: Graham Robinson, Laura Knoll, Ryan Dzierniejko

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