SoftBank paid WeWork lenders almost $1.5bn before bankruptcy filing

Court papers reveal Japanese conglomerate transferred money less than a week before office rental group filed for bankruptcy

SoftBank transferred almost $1.5bn to WeWork's lenders less than a week before the shared office rental group filed for bankruptcy, court documents have revealed.

The Japanese conglomerate has endured steep losses on its investment in WeWork, which was one of the world's most feted startups when it first invested six years ago.