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India, WeWork
WeWork’s Stake Sale in Indian Unit Fails After Regulatory Hurdles
WeWork's plan to sell its stake in its Indian subsidiary falls through due to a disagreement on valuation. The company is exploring alternative options for its future in India.
WeWork's plan to offload stake in Indian unit falls through
WeWork 's strategy to sell its 27% stake in its Indian subsidiary has been unsuccessful, despite receiving approval from the Competition Commission of India (CCI). The deal involved the Embassy Group acquiring WeWork's stake and introducing new investors.
Valuation dispute halts WeWork Inc's plan to exit India after CCI nod
The sale, which involved WeWork Inc, affected by bankruptcy, and its local partner Embassy Group, was set to include a 13 per cent stake sale by Embassy Group in WeWork India
WeWork’s plan to sell stake in India unit collapses; sector revival, valuation issues hit transaction
WeWork Inc.'s plan to sell its 27% stake in its Indian unit has collapsed due to a valuation mismatch, despite regulatory approval. The Embassy Group was supposed to acquire the stake and bring in new investors.
Impacts
2h
Famous Startups Born in New York and Their Global Impact
New York City has long been a hub of innovation, creativity, and entrepreneurial spirit. Over the years, it has given birth ...
10d
WeWork Founder Adam Neumann Brings ‘Conscious Community’ Real Estate Startup To Saudi Arabia
The co-working billionaire has opened a branch of his Andreessen Horowitz-backed co-living startup Flow in Riyadh.
3d
on MSN
WeWork’s Rs 1,200-crore deal collapses; ETSA Bootstrap Champ winner Boult
Happy Friday! Bankruptcy-hit coworking firm WeWork Inc.’s plan to exit the India unit via a secondary stake sale has fallen ...
inc42
3d
WeWork’s India Exit Deal Falls Through Amid Sector Revival
US-based coworking major
WeWork
Inc’s plan to sell its entire stake in Indian unit and exit the country has reportedly ...
11d
2024 Forbes Future of Work Summit | WeWork Spotlight: New Models for a New Future of Work
Forbes Chief Revenue Officer Sherry Phillips has a conversation with WeWork?s CEO John Santora about his vision for the ...
11h
Eximius Ventures and WeWork Labs launch 'The Pre-Seed Playbook'
The guide seeks to provide clarity and support, focusing on the critical pre-seed stage and the importance of organized early ...
13d
on MSN
Downtown Houston landmark secures largest office lease this year
A downtown Houston landmark, Jones on Main, has secured the largest office deal so far this year, signing a tenant to take ...
Crain's New York
5d
On Real Estate: For coworking firms, keeping a low profile is the way to go
A low-key announcement this week about a Gowanus project provided a window into what works today in the city's oft-maligned ...
4d
WeWork leases 1.43 lakh sq ft office space to IBM, OpenText in Bengaluru
WeWork has leased 1.43 lakh square feet of office space to IBM and OpenText at Embassy Golf Links Business Park in Bengaluru.
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