Morrison & Foerster LLP is representing SoftBank Group Corp. in connection with investments totaling $6 billion into WeWork Companies Inc. (recently rebranded as The We Company), a company that develops and provides shared workspaces to entrepreneurs and small and large businesses worldwide, among other product and service offerings. The investment will be made in tranches over time. MoFo previously represented SoftBank in connection with its $4.4 billion investment, including tender offer for shares, in WeWork in 2017.
The MoFo team was led by San Francisco partner Suz Mac Cormac with assistance from San Francisco partner Mike O’Bryan, together with Tokyo partner Leo Aguilar and Ken Siegel, managing partner of the firm’s Tokyo office, London partner Gary Brown, Hong Kong partner Marcia Ellis, and Palo Alto associates Christopher McKinnon and Christopher Yap.
A link to the companies’ press release is here.