SoftBank Group Corp. said Thursday it has withdrawn a plan to buy up to $3 billion worth of shares in the operator of WeWork as part of a bailout package to rebuild the struggling U.S. co-working space operator.The Japanese investment giant said it had scrapped part of the rescue scheme as "certain conditions to the tender offer were not satisfied," citing the New York based-company's failure to obtain the necessary antitrust approvals by Wednesday.Many governments have also restricted WeWork's operations due to the coronavirus pandemic.SoftBank Group said in a statement that the terminatio…READ FULL ARTICLE
