Manus Founders Weigh $1 Billion Raise to Unwind Meta’s $2 Billion Takeover
Manus co-founders are exploring options to satisfy Beijing’s demand that Meta unwind its takeover of the Chinese-founded AI startup, including raising about $1 billion from external investors to buy back the business. The talks are preliminary and would help reverse Meta’s $2 billion acquisition.
One option under consideration would restructure Manus as a Chinese joint venture before a possible Hong Kong initial public offering, with a valuation at least matching Meta’s purchase price. Any unwind could be complicated because some employees have moved to Meta, investors were already paid and Manus technology has been integrated into Meta’s systems.
From the sources (4 posts)
@businessThe co-founders of Manus are exploring options to fulfill Beijing’s demand to unwind a controversial takeover by Meta, including raising about $1 billion from external investors to buy back the Chinese-founded AI operation
@zerohedgeMANUS WEIGHS RAISING $1 BILLION TO UNWIND META TAKEOVER
@wallstengineMANUS MAY RAISE $1B TO BUY ITSELF BACK FROM META Bloomberg reports Manus founders are exploring a raise of about $1B to help unwind Meta’s $2B acquisition. The agentic AI startup could be restructured as a Chinese joint venture before a p
@techmemeSources: Manus' co-founders are in talks to raise $1B+ to buy back the Chinese-founded company, after Beijing ordered Meta to unwind its $2B acquisition (Bloomberg) (Visit Techmeme dot com for the link and full context!)