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2019-10-16 — businessinsider.com.au

SoftBank could provide about $US5 billion in debt and equity financing to the embattled office company, with the money coming from the Japanese investor directly, rather than its Vision Fund,Nikkei Asian Review first reported on Wednesday. And JPMorgan has lined up 100 investors to review an all-debt financing package, also around $US5 billion.

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SoftBank's latest deal may not solve WeWork's governance issues, depending on how the voting shares work out, said Erik Gordon, a professor at the University of Michigan's business school.

"If they do it without getting voting control away from Neumann, they will miss their best chance of solving the governance problem that will keep the company from going public," he told Business Insider in an email.''

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