Michelle F. Davis
Stories by Michelle F. Davis
Global bankers reinventing dealmaking basics amid coronavirus outbreak
Bank leaders are dusting off regulatory plans for keeping “critical operations” open through a potential pandemic.
JPMorgan CEO says has learnt a few lessons from the WeWork debacle
Jamie Dimon says companies heading toward initial public offerings should first study WeWork’s startling fall from grace.
SoftBank said to take control of WeWork, Neumann to exit board
Neumann is expected to sell a little under $1 billion of stock to the Japanese investment firm as part of the deal,
SoftBank’s WeWork rescue plan said to value startup below $8b
The new figure is a fraction of the $47 billion valuation the startup commanded as recently as January.
WeWork said to prefer JPMorgan lifeline over SoftBank rescue
WeWork's preferred option is a roughly $5 billion financing package led by JPMorgan, which may include at least $2 billion of unsecured payment-in-kin
WeWork’s new co-CEOs will seek to bring order to the chaos caused by botched IPO
They must also soothe anxious investors, leery of the company’s huge expenses, its history of unconventional governance structures and persistent in
WeWork’s Adam Neumann steps down from CEO role as IPO plan hits wall
The move is designed to salvage an IPO, which had been met with scorn from public investors.
WeWork mulls changes to governance standards to allay investor concerns ahead of IPO
Its lead financial advisers, JPMorgan and Goldman Sachs, have concerns about proceeding with an IPO that could value the company as low as $15 billion
WeWork plans to kick off IPO roadshow as soon as next week
WeWork, which filed to go public last month, is targeting a share sale of about $3.5 billion.
WeWork likely to disclose IPO filing as early as next week
WeWork is looking to raise more than $3.5 billion, which would make it the second-largest U.S. IPO this year.
