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

Former CEO of shared office space rental company has reportedly been in talks with investors

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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.