Gillian Tan
Stories by Gillian Tan
Singapore wealth fund GIC in talks to acquire stake in StorageMart
The potential transaction is slated to value StorageMart at more than $2.5 billion, including debt.
Japan’s SoftBank scraps agreement to spend $3b to buy WeWork stock
SoftBank confirmed it would end the offer, citing five conditions that were not satisfied by the closing date.
SoftBank likely to abandon $3b deal with WeWork investors
SoftBank had agreed to buy shares from former CEO Neumann, VC firms and employees, but told stockholders in mid-March that deal conditions hadn’t be
Japan’s SoftBank Vision Fund promotes from within after departures
The promotions fill gaps left in the Vision Fund’s senior ranks following a slew of departures.
WeWork’s $3b stock sale rescue package to benefit only five investors
SoftBank has threatened to withdraw from the deal, the proceeds of which would not go to WeWork itself.
Japan’s SoftBank seeks $10b to support Vision Fund companies
The move will help support its portfolio companies battered by the coronavirus pandemic.
SoftBank-backed Korean unicorn Coupang prepares for IPO as soon as 2021
In November 2018, the Vision Fund invested $2 billion in the company in a deal that valued Coupang at $9 billion.
SoftBank Vision Fund’s managing partner Praveen Akkiraju is stepping down
Akkiraju’s departure follows the resignation of London-based Vision Fund partner David Thevenon.
SoftBank taps Goldman for new financing to revive WeWork investment
Goldman is arranging a $1.75 billion line of credit.
SoftBank said to launch $3b tender offer for WeWork shares
The tender offer launch is about three weeks behind its targeted kick-off.
