Kuwait-Owned Firm in Talks to Back Knotel - News Summed Up

Kuwait-Owned Firm in Talks to Back Knotel


A company owned by the Kuwaiti government is in talks to invest in Knotel, the New York-based co-working firm, according to people familiar with the matter. The deal would value Knotel at about $1.5 billion, these people said. Wafra Inc., a New York City-based investment firm owned by a Kuwait government pension fund, is expected to lead the...


Source: Wall Street Journal May 02, 2019 22:01 UTC



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