Coworking chain WeWork is thinking about going public
Office and coworking rental service WeWork is thinking about going public, WSJ sources familiar with the negotiations told. The placement can proceed according to a scheme that involves a merger with a special company. For weeks, WeWork's board of directors and CEO Sandeep Matrani have been considering a merger offer from a venture capital firm, Bow Capital, and another unnamed entity, sources said. According to them, the company can be valued at $ 10 billion, it is not known, with or without debts. In addition, the company received proposals for a new round of private investment, it can choose this option and not go public, said one of the interlocutors. Negotiations are complex and there is no guarantee that WeWork will close any deal any time soon, the sources said. WeWork told the WSJ that it is exploring opportunities to help the company achieve its goal of profitability. WeWork announced plans to conduct an IPO in August 2019. The company filed documents with the US Securiti