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WeWork parent shelves IPO following pushback, say sources

New York/Bengaluru | WeWork owner The We Company took a last-minute decision on Tuesday (AEST) to suspend preparations for an initial public offering , concerned that its stock market debut would be snubbed by many investors, people familiar with the matter said.

The US office-sharing startup was getting ready to launch an investor road show for its IPO this week, the sources said.

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Reuters

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    Original URL: https://www.afr.com/link/follow-20180101-p52s5l