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WeWork considers $1.9 billion offer for 70% stake in Indian affiliate: Report

Friday, June 14, 2019, 9:11 PM

Shared office space manager WeWork Cos is exploring a deal to take majority control of its affiliate WeWork India ahead of the New York-based company's plans to go public, Bloomberg reported on June 13, citing people familiar with the matter. WeWork is in talks to buy around 70% of WeWork India at a valuation of about $2.75 billion, said the report.