WeWork considers dramatic valuation cut in IPO

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WeWork considers dramatic valuation cut in IPO

May seek valuation of between US$10bn and US$12bn, a dramatic discount to the US$

WeWork owner The We Company may seek a valuation in its upcoming initial public offering of between US$10 billion and US$12 billion, a dramatic discount to the US$47 billion valuation it achieved in January, people familiar with the matter said on Friday. Were the We Company to press on with the ...

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