WeWork seeking $4 billion from SoftBank, JPMorgan: Reuters

WeWork, which recently withdrew its IPO, is in talks to raise $1 billion from its largest outside shareholder SoftBank, Reuters reported. If successful, WeWork will then seek to negotiate a $3-billion debt deal with JPMorgan Chase, it added. SoftBank reportedly wants to renegotiate a $1.5-billion warrant deal, agreed earlier in January based on WeWork being valued at around $47 billion.