WeWork has appointed 11 law firms to its first-ever EMEA legal panel.
Hogan Lovells, Bryan Cave Leighton Paisner and Freshfields Bruckhaus Deringer are among those to win a spot on WeWork’s inaugural Europe, Middle East and Africa panel.
The move comes after WeWork launched its long-awaited initial public offering in August.
The listing, for which a date has not yet been set, will be a crucial test for investors’ appetite for the fast-growing co-working sector.
In a prospectus filed on 14 August, the company said revenues during the first half of this year stood at $1.5bn (£1.24bn), up from $763.7m during the same period of 2018. The pre-tax loss over those six months stood at just shy of $900m.
Today, the company operates in 111 cities across 29 countries, according to the IPO prospectus, with some 527,000 members. More than half of its customers are based outside of the US, the company said.
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