Svmuu: Despite the acquisition being rescinded, Manus investors have received their returns, according to people familiar with the matter. Venture capital firm Benchmark is among those that have been paid out. (WSJ)
Previously, the Office of the Foreign Investment Security Review Working Mechanism (National Development and Reform Commission) issued a decision prohibiting the foreign acquisition of the Manus project in accordance with laws and regulations, requiring the parties involved to rescind the acquisition transaction.
Although the acquisition was called off, Manus investors have received their refunds
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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