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WeWork India’s IPO plans have gained fresh momentum as SEBI removes its DRHP from the abeyance list and begins re-evaluation.
The Embassy-backed workspace operator had filed draft papers for a market debut through a pure offer-for-sale in February.
The WeWork India IPO will comprise of entirely offer-for-sale (OFS) of 4.37 crore equity shares by existing shareholders.
WeWork might not be the largest IPO of 2019, but it is easily the most ridiculous, and the most dangerous.
Over three months after it kept WeWork India's IPO papers in abeyance, the markets regulator has reinstated the company's ...
WeWork’s parent company is postponing its plan to go public following a disastrous IPO attempt that resulted in its CEO stepping down.
WeWork's corporate parent, the We Company, which released its IPO documents on Wednesday, loses roughly $5,197 per customer who inhabits its office space per year.
That could put pressure on WeWork, which has a mammoth credit line tied to the success of the IPO, as well as SoftBank Group Corp., which invested at a $47-billion valuation earlier this year.
WeWork’s failed IPO is a win for main street and the efficiency of the public markets. Main street investors avoided sinking billions of dollars into a value-destroying business while ...
WeWork pegged its potential global market opportunity at $3 trillion in its IPO filing, basing that figure on what companies spend on office space for an estimated 255 million desk workers.
WeWork unveiled the offering documents for its upcoming and highly anticipated IPO on Wednesday morning. But less than 24 hours earlier, a company with a similar name, WeTrade, also filed for its ...