The move includes five senior executives and is part of MUFG’s expansion to support pre-initial public offering growth and middle-market public companies, according to a spokesperson.
The warning came amid a tumultuous start to Musk’s reign at the social media company — a two-week period in which he has fired half of Twitter’s staff.
After months of public acrimony and accusations, talks between the two sides have turned cordial and are focused on closing the transaction rather than litigation, according to one source.
WeWork continues to be unprofitable, and the omicron variant of the coronavirus could further weigh on its future results.
