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Adam Neumann and partners offer more than $766m for WeWork

Adam Neumann and several partners submitted an offer to buy WeWork out of bankruptcy for more than $US500 million ($766 million), putting one of the tech world’s most controversial founders a step closer to regaining control of his long-troubled start-up.

Mr Neumann and his real estate firm, Flow, had pulled together a financing package for the co-working firm in February. Mr Neumann is now offering to buy the company for more than $500 million, The Wall Street Journal reported last week, citing people familiar with the matter.

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    Original URL: https://www.afr.com/property/commercial/adam-neumann-and-partners-offer-more-than-766m-for-wework-20240401-p5fgke