Meta has initiated the process to unwind its $2 billion acquisition of Manus after receiving a directive from Beijing to reverse the deal. The decision comes amid regulatory scrutiny from Chinese authorities.
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Meta begins to reverse $2 billion Manus acquisition following Beijing's order
Meta is working to reverse its $2 billion acquisition of Manus due to a directive from Beijing. This move follows increased regulatory scrutiny from Chinese authorities regarding the deal.
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Meta reportedly moves to unwind $2B Manus deal after Beijing’s demand
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Meta begins to reverse $2 billion Manus acquisition following Beijing's order