TOKYO -- SoftBank Group is in talks to receive about 300 billion yen ($2.76 billion) in financing from Japan's leading banks, Nikkei has learned, as the company scrambles to fund a turnaround at coworking startup WeWork.
SoftBank is planning an up to $3 billion tender offer to raise its stake in WeWork parent We Co. It could provide an additional $3.3 billion to We through loans and other methods.
