Equities

Reuters exclusively reports Temasek, Trustbridge target majority stake in WeWork China

Reuters exclusively reports Temasek, Trustbridge target majority stake in WeWork China

Reuters reported exclusively that Temasek Holdings and Trustbridge Partners have held talks with WeWork China over increasing their stake in the China branch of the troubled co-working startup to take majority ownership. Reuters sources said the plan values WeWork China at around $1 billion.