SoftBank needs the We Company to be valued at $65.80 to break even on its investment according to Chris Lane, an analyst at Sanford C Bernstein. The Japanese firm has invested around $7.5bn in WeWork directly, $1.6bn in its overseas subsidiaries, and pledged to invest a further $1.5bn in 2020. It has acquired 114m shares at a weighted average price of $24bn per share, according to Lane’s calculations.
SoftBank needs the We Company to be valued at $24bn to break even on its investment according to Chris Lane, an analyst at Sanford C Bernstein. The Japanese firm has invested around $7.5bn in WeWork directly, $1.6bn in its overseas subsidiaries, and pledged to invest a further $1.5bn in 2020. It has acquired 114m shares at a weighted average price of $65.80 per share, according to Lane’s calculations.