United States

Joshua Franklin

Window closing fast for WeWork parent to launch IPO this year

Sep 18 2019

NEW YORK WeWork owner The We Company faces strong headwinds in achieving its goal of launching an initial public offering (IPO) by the end of the year after postponing it this month, fund managers and capital markets professionals said.

WeWork delays IPO after frosty investor response

Sep 17 2019

WeWork owner The We Company has postponed its initial public offering (IPO), walking away from preparations to launch it this month after a lackluster response from investors to its plans. | Video

Exclusive: WeWork considers dramatic valuation cut in IPO

Sep 15 2019

WeWork owner The We Company may seek a valuation in its upcoming initial public offering of between $10 billion and $12 billion, a dramatic discount to the $47 billion valuation it achieved in January, people familiar with the matter said on Friday. | Video

WeWork considering curbing Neumann's voting power to save IPO: source

Sep 13 2019

WeWork owner The We Company's executives, investors and advisers are discussing curbing the voting power of founder Adam Neumann and removing his co-founder wife from a role in succession planning, a person familiar with the matter said on Thursday.

WeWork presses on with IPO, pushing SoftBank into a corner

Sep 11 2019

Office-sharing startup WeWork is pressing ahead with plans to go public despite lukewarm interest in its shares, three sources said, leaving its largest investor, SoftBank Group , with a stark choice: take a haircut or pony up even more cash. | Video

U.S. IPOs hope for stock market volatility reprieve

Sep 11 2019

NEW YORK U.S. companies planning to launch initial public offerings (IPOs) in the coming weeks are hoping that August's bout of stock market volatility will subside this month, according to investment bankers and capital markets lawyers advising them.

JPMorgan close to winning lead advisory role for Saudi Aramco IPO: source

Sep 09 2019

JPMorgan Chase & Co is close to winning the lead advisory role for Saudi Aramco's initial public offering, a source familiar with the situation said on Sunday.

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