Global law firm Greenberg Traurig, LLP advised WeWork International Limited and its affiliates in acquiring SoftBank Latin America's stake in a joint venture operating WeWork locations across Argentina, Brazil, Colombia, Chile, and Mexico. Through this transaction and subsequent corporate entity restructuring, WeWork now holds complete ownership of its Latin American business.
These transactions mark a significant milestone for WeWork, enabling the company to consolidate its operations across Latin America and strengthen its position in key markets.
The closing of the acquisition of all WeWork operations in Brazil was finalized Feb. 21 upon receiving approval from the Brazilian Antitrust authorities. The acquisitions in Argentina, Colombia, Chile, and Mexico, as well as the restructuring of operations in Brazil, occurred in late 2024, following approval from the Mexican and Brazilian Antitrust authorities.
The Greenberg Traurig deal team was led by Miami Shareholder Arnaldo Rego Jr. and Of Counsel Guillaume Le Masson and included Miami Shareholder Yosbel A. Ibarra, New Jersey Shareholder David W. Oppenheim, London Shareholder Sarah Moyles, Amsterdam Shareholders Thomas van der Vliet and Jeroen den Dunnen and Mexico Shareholders Victor Manuel Frías Garcés and Rocio Olea Salgado.
Other Greenberg Traurig team members included Miami Shareholder L. Frank Cordero, New York Shareholder Stephen M. Pepper, Amsterdam Shareholders Thomas Timmermans and Bas Vletter, Mexico Shareholder Miguel Flores Bernes, Amsterdam Local Partner Alette Kroese, and Miami Associate Caitlin Calvo.
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