SoftBank to write down WeWork by $6.6 billion, compounding portfolio misery

SoftBank Group Corp said it sees a loss of around 700 billion yen ($6.6 billion) for the year ended March on the portion of its WeWork investment held outside the Vision Fund, as the virus compounds woes at one of the firm's biggest bets.


from Reuters: Technology News https://ift.tt/3bQdyIb

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