IPOs & Markets
WeWork, which filed to go public last month, is targeting a share sale of about $3.5 billion.
The company is working with Lazard Ltd. to gauge interest from potential suitors for Berlin-based Meininger.
Companies such as Netrality have been in favor with infrastructure and real estate investors, in part due to rising technology demands by consumers an
First State manages over $8 billion of unlisted infrastructure across the globe, primarily in the transportation, utility sectors.
The new capital will help Knotel target countries such as Japan, Korea, China, Hong Kong, Singapore, and India.
An acquisition by the South Korean asset manager could value the 15 properties at more than $5.5 billion.
WeWork is looking to raise more than $3.5 billion, which would make it the second-largest U.S. IPO this year.
Securing a credit line from Wall Street often precedes an IPO.
WeWork is expected to award JPMorgan the coveted first - or lead left - position in its syndicate of banks handling the deal.
The company is expected to make its market debut in September.
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