SoftBank's WeWork bailout plans stall

By on
SoftBank's WeWork bailout plans stall

As Japanese lenders seek to offset exposure.

SoftBank's talks to secure US$3 billion ($4.3 billion) from Japan's three biggest banks have stalled as the lenders have hit internal lending limits to the firm, two people said, complicating a US$9.5 billion rescue package for WeWork. The Japanese technology conglomerate is now likely ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.

Most Read Articles

Log In

Username / Email:
  |  Forgot your password?