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Marcelo Claure quits SoftBank

Marcelo Claure, who is credited with turning around the fortunes of WeWork, has quit SoftBank.

The Bolivian billionaire, who has been spearheading the Japanese conglomerate’s $5bn Latin America investment fund, is apparently leaving after a major falling out with SoftBank founder Masayoshi Son.

His departure, sparked by a dispute over his pay and the group’s strategic direction, is expected to be announced next week.

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