Shanghai Jin Jiang and Legend Capital could hypothetically lose out, after a letter from SoftBank raised doubts over an agreed $3bn share tender.

Telecommunications and internet group SoftBank may not buy $3bn of shares in US-based workspace provider WeWork in connection with the rescue package it agreed, the Wall Street Journal reported yesterday. WeWork was valued at $47bn in January 2019, but a failed initial public offering in September led to a slashed valuation, and SoftBank – already…

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