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Billionaire Anant Yardi becomes WeWork's majority stakeholder
short by Bhawana Chaudhary / on Friday, 31 May, 2024
Indian-origin Anant Yardi has become WeWork's majority stake owner after a US bankruptcy court approved the shared office space provider's bankruptcy plan, Financial Times reported. Yardi invested over $200 million in WeWork nearly two years ago. He recently committed an additional $337.5 million to counter an offer from ex-CEO Adam Neumann, who sought to regain control.
read more at Hindustan Times