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Скачать или смотреть WeWork co-founder Adam Neumann in talks to sell some shares to SoftBank

  • CNBC Television
  • 2021-02-23
  • 4208
WeWork co-founder Adam Neumann in talks to sell some shares to SoftBank
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Описание к видео WeWork co-founder Adam Neumann in talks to sell some shares to SoftBank

WeWork co-founder Adam Neumann and SoftBank are nearing a settlement agreement that would entitle the former CEO to a payout of $480 million for approximately 25% of his shares in the company, a person familiar with the matter told CNBC’s Deirdre Bosa. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

WeWork co-founder Adam Neumann and SoftBank are nearing a settlement agreement that would entitle the former CEO to a payout of $480 million for approximately 25% of his shares in the company, a person familiar with the matter told CNBC’s Deirdre Bosa. That is half as many shares as SoftBank originally intended to buy, this person said.

Should a deal be finalized, SoftBank would purchase approximately $1.5 billion of shares from early WeWork investors. The deal would represent 10.5% of WeWork shares, with the price at $19.19 per share, which is the price that was initially agreed upon, the person said. Neumann would remain a major shareholder in the company.

SoftBank reached out to Neumann following a report last month that WeWork was in talks to combine with a SPAC affiliated with Bow Capital Management, the source said.

Talks between Softbank and Neumann were first reported on Monday by the Wall Street Journal.

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