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91 China Blocks Meta’s $2 Billion Acquisition of Manus

The Information
Jing Yang @ The Information 1 place · today 04:45 EDT

China Blocks Meta’s $2 Billion Acquisition of Manus

Chinese regulators on Monday blocked Meta Platform’s $2 billion acquisition of Manus and ordered the companies to terminate the deal. The Office of the Working Mechanism for Foreign Investment Security Review, an agency under the powerful National Development and Reform Commission, said it has ...

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