WeWork, Competition Commission of India
WeWork's plan to offload stake in Indian unit falls through
WeWork 's strategy to sell its 27% stake in its Indian subsidiary has been unsuccessful, despite receiving approval from the Competition Commission of India (CCI). The deal involved the Embassy Group acquiring WeWork's stake and introducing new investors.
WeWork’s plan to sell stake in India unit collapses; sector revival, valuation issues hit transaction
WeWork Inc.'s plan to sell its 27% stake in its Indian unit has collapsed due to a valuation mismatch, despite regulatory approval. The Embassy Group was supposed to acquire the stake and bring in new investors.
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