Work and living space provider WeWork will receive warrant financing from Vision Fund at a valuation of at least $42bn through two $1.5bn tranches in 2019.

Telecommunications firm SoftBank’s Vision Fund has agreed to invest another $3bn in one of its biggest portfolio companies, US-based workspace provider WeWork, it revealed yesterday through an investor presentation. WeWork will receive the first $1.5bn in January 2019 and the other half in April, and the financing will be supplied in the form of warrants…

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