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.
Group seeks additional funds as it looks to turn around WeWork

SoftBank Group chief Masayoshi Son needs to turnaround WeWork to convince investors to support his second Vision Fund. © Reuters
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.