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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff

WeWork co-founder Adam Neumann bids to buy it back for more than $500m

Adam Neumann
Adam Neumann, the co-founder of WeWork, has launched a new venture, Flow Global. Photograph: Eduardo Muñoz/Reuters

Adam Neumann, the ousted co-founder of WeWork, has tabled a bid worth more than $500m (£395m) in an attempt to regain control of the long troubled shared office space rental company that he launched in 2010.

Flow, Neumann’s property company, said on Monday that it had submitted a potential bid for WeWork with a “coalition of half a dozen financing partners”. The Wall Street Journal, which first reported Neumann’s offer, said it was tabled at more than $500m.

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