We Co.'s Board Is Working With Perella Weinberg Partners

The Embarcadero WeWork Cos Inc. offices in San Francisco.Photographer: Mike Short/Bloomberg
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The board of WeWork’s parent is working with investment bank Perella Weinberg Partners LP as the office-sharing company weighs its financing options, according to people familiar with the matter.

The New York-based investment bank is advising the We Co.’s board as it determines whether to sell a controlling stake to SoftBank Group Corp. or secure a $5 billion debt package led by JPMorgan Chase & Co., said the people, who asked to not be identified because the matter isn’t public.