Advisers for the New York-based property company had tested appetite for the IPO at a valuation as low as $15bn, a sharp reduction from the $47bn WeWork attained during its last private fundraising. The company has nonetheless been under pressure, with Mr Neumann giving advisers at JPMorgan Chase and Goldman Sachs until the end of September to finalise the listing, which was expected to raise between $3bn and $4bn.
blaineonline.finance.blog 