Morrison & Foerster and Skadden Arps Slate Meagher & Flom are advising on a deal in which Japanese telecommunications company SoftBank Group is investing $4.4 billion into U.S. workshare space company WeWork.
The deal comprises two separate investments, with $3 billion being used to buy new and existing WeWork shares. A further $1.4 billion will go to three newly created companies to fund WeWork’s expansion in China, Japan, Southeast Asia and Korea.
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