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SoftBank bails WeWork with fresh $5 billion fund infusion

WeWork received a multi-billion-dollar lifeline from Softbank that will give the Japanese company more control of the troubled property start-up. Softbank in a statement said it would provide $5 billion (£3.9 billion) in new financing and up to $3 billion for existing shareholders. The deal will see Softbank increase its stake in the US office-space […]