Deals
WeWork London Building Deals Falter Amid IPO Market Fallout
- Talks said to stall on sale of WeWork Waterloo to Bright Ruby
- Saudi investors said to pull out of deal to buy 70 Wilson St.
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Deals for two major London buildings leased mostly to WeWork are on the ropes.
Saudi Arabia-based Sidra Capital has pulled out of a 90 million-pound ($112 million) deal as the flexible-office giant’s planned initial public offering got an increasingly rocky reception from investors, according to people familiar with the matter, who asked not to be identified discussing private negotiations.