New York/London — WeWork, the New York-based office-rental startup, is considering seeking a valuation of about $20bn-$30bn in its US initial public offering (IPO), people with knowledge of the matter said.

The range could end up closer to $20bn, said one of the people, asking not to be identified because the information is private. Potential terms for the share sale are still being discussed, and the eventual valuation could change depending on investor demand, the people said...

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