POPA ReconChina blocks Meta’s $2bn purchase of Manus
China blocks Meta’s $2bn purchase of Manus China has blocked Meta’s $2bn acquisition of artificial intelligence platform Manus, after regulators reviewed whether the deal violated Beijing’s investment rules. Chinese regulators said in a statement on Monday they had told the parties involved to cancel the acquisition. https://www.ft.com/content/1e4c269a-5258-406c-a308-e55c3d5d640f
The excerpt is quoted from a public Telegram channel, which owns its text.