The Limited Times

Now you can see non-English news...

WeWork to IPO via SPAC, valued at $ 9 billion

2021-03-26T12:28:23.207Z


She entered Wall Street by merging with BowX Acquisition Corp. The co-working company WeWork announced on Friday that it would enter Wall Street by merging with BowX Acquisition Corp in a deal valuing it at $ 9 billion and allowing it to recover $ 1.3 billion. dollars of fresh money. Read also: WeWork lost $ 3.2 billion in 2020 The transaction with the " SPAC " BowX, an empty shell that went public last year with the aim of making future acquisitions, will


The

co-working company

WeWork announced on Friday that it would enter Wall Street by merging with BowX Acquisition Corp in a deal valuing it at $ 9 billion and allowing it to recover $ 1.3 billion. dollars of fresh money.

Read also: WeWork lost $ 3.2 billion in 2020

The transaction with the "

SPAC

" BowX, an empty shell that went public last year with the aim of making future acquisitions, will allow WeWork to recover "

about $ 1.3 billion

" in new money, a statement said. .

Source: lefigaro

All business articles on 2021-03-26

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.