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Exclusive: WeWork considers dramatic valuation discount ahead of IPO

FILE PHOTO: Neumann, CEO of WeWork, speaks to guests during the TechCrunch Disrupt event in
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(Reuters) - WeWork owner The We Company may seek a valuation in its upcoming initial public offering of between $10 billion (8.04 billion pounds) and $12 billion, a dramatic discount to the $47 billion valuation it achieved in January, people familiar with the matter said on Friday.If the We Company were to press on with the IPO at such a low valuation, it would represent a major turning point in..
Date Published: Sep 13, 2019
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