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Home / WeWork targets Chapter 11 exit by May 31, secures US$8 billion in rent reduction

WeWork targets Chapter 11 exit by May 31, secures US$8 billion in rent reduction

Posted on April 2, 2024April 3, 2024 by admin

WeWork said on Tuesday it aimed to emerge from Chapter 11 bankruptcy in the U.S. and Canada by May 31 and had negotiated more than US$8 billion, or over 40 per cent, reduction in rent commitments from landlords.
Source: ctv business
WeWork targets Chapter 11 exit by May 31, secures US billion in rent reduction

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