WeWork takes SPAC route to go public in US$9 billion deal

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NEW YORK: WeWork has agreed to go public through a merger with blank-check firm BowX Acquisition, in a deal that values it at US$9 billion, the office-sharing startup said on Friday (Mar 26). It marks a steep drop from the US$47 billion that WeWork was valued for a listing in 2019, ahead of a …