A notable recent case has drawn significant attention: Manus, a Chinese AI company acquired by Meta for $2 billion, has suddenly become embroiled in a regulatory review. The Financial Times disclosed that China's Ministry of Commerce has initiated an investigation procedure, focusing on whether the company circumvented relevant export control requirements when transferring employees and technology to Singapore.
While the investigation is still in its early stages, if it is ultimately determined that an export license is required, it could directly impact the advancement of this acquisition. In extreme cases, it could even lead to the deal falling through. This has prompted many to reflect: how many pitfalls must cross-border technology M&A navigate through in today's complex policy environment.
A notable recent case has drawn significant attention: Manus, a Chinese AI company acquired by Meta for $2 billion, has suddenly become embroiled in a regulatory review. The Financial Times disclosed that China's Ministry of Commerce has initiated an investigation procedure, focusing on whether the company circumvented relevant export control requirements when transferring employees and technology to Singapore.
While the investigation is still in its early stages, if it is ultimately determined that an export license is required, it could directly impact the advancement of this acquisition. In extreme cases, it could even lead to the deal falling through. This has prompted many to reflect: how many pitfalls must cross-border technology M&A navigate through in today's complex policy environment.