The stake will be sold by an affiliate of Goldman Sachs Infrastructure Partners.
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
SoftBank led a $17.6-million round in Brazilian used-car platform Volanty with Argentina's Kaszek Ventures, which is also an investor in Kavak.
The owners will now seek to raise about $678.6 million in exchange for up to 33% of the company.
The package would significantly increase the stake of SoftBank, which already owns around one-third of WeWork.
SoftBank has invested in 10 companies from its Latam fund including Colombian delivery-app Rappi and Brazilian lender Banco Inter SA.
Policy & Regulations
The lawsuit argues that the cruising rule threatens to shift business away from ride-hailing firms in favor of taxis.
The move is contradictory to reports that indicate that its parent firm is considering a curb on China expansion.
The latest funding brings the Texas-headquartered AI startup's total money raised to date to $175 million.
IPOs & Markets
The Japanese telecommunications carrier acquired the British chip firm for $32 billion in 2016.
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