WeWork reported in its IPO filing in August that it owns 23% of The Wing — that percentage was worth over $58.8 million as of June 2019.
WeWork is considering selling its 23% stake in the women's coworking space The Wing, Bloomberg reported on Tuesday. WeWork's percentage of The Wing was worth over $58.8 million in June, according to WeWork's IPO filing. WeWork is reportedly looking to cut costs during the turmoil surrounding its shelved IPO and the resignation of cofounder Adam Neumann from his CEO position. Visit Business Insider's homepage for more stories.
WeWork is considering selling its 23% stake in the women's coworking space The Wing, Bloomberg reported on Tuesday. WeWork's percentage of The Wing was worth over $58.8 million in June, according to WeWork's IPO filing. WeWork is reportedly looking to cut costs during the turmoil surrounding its shelved IPO and the resignation of cofounder Adam Neumann from his CEO position. Visit Business Insider's homepage for more stories.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
How WeWork Went from Unstoppable Unicorn to Postponing Its IPOWeWork has announced it will be postponing its IPO indefinitely. reeveswiedeman reports on how, in a matter of weeks, one of the world’s most highly valued private companies became a cautionary tale
Consulte Mais informação »
WeWork throws in the towel on ill-fated IPOWeWork's parent The We Company said on Monday it will file to withdraw its ...
Consulte Mais informação »
WeWork withdraws its IPO filing after weeks of corporate dramaAfter weeks of corporate drama, WeWork announces plans to withdraw its initial public offering filing.
Consulte Mais informação »