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Softbank Invests Additional $3b In Shared-office Startup Wework | Reuters
(Reuters) - WeWork Cos said on Thursday it received an additional $3 billion investment from Japan's SoftBank Group (9984.T) and its Vision Fund, helping the shared-office startup ramp up its expansion globally. SoftBank's investment will be through new shares and the acquisition of existing shares of the startup's parent company, WeWork said in a statement New York-based WeWork said SoftBank's Director and Vice Chairman Ronald Fisher and External Director Mark Schwartz will join the company's board. Full investment news article
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Patron Capital And Heineken Buy £1.8bn Punch Taverns | News | Ipe Re
Real estate fund manager and Dutch brewer complete takeover. : Private equity real estate investor Patron Capital and Dutch beer company Heineken have completed the protracted purchase of UK pub owner Punch Taverns. The takoever, which values the publicly listed company at £1.8bn (€1.96bn), will give Patron Capital ownership of around 1,300 tenanted pubs, while Heineken will own close to 1,900. The deal was originally agreed in December but was only given the green light by the UK’s competition and … Full investment news article