SoftBank Is Said to Plan to Abandon WeWork Shareholders Deal

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Apr.01 — SoftBank Group Corp. plans to let the deadline for a $3 billion deal with WeWork investors expire without completing the agreement to buy more equity, despite threats of legal action from some members of the company’s board, according to people familiar with the matter.  Ellen Huet reports on “Bloomberg Daybreak: Australia.”


In This Story: Australia

Australia, officially known as the Commonwealth of Australia, is a sovereign country comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands. It is the largest country in Oceania and the world’s sixth-largest country by total area.

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