By Alex Chou, Samantha Lee, Charlotte Wu, Kevin Chuang, and Sophia Fang (National Taiwan University); Edoardo Roveda and Alesha Jaswal (UCL) Photo: Artur Kechter (Unsplash) Overview of the deal Acquirer: Meta Platforms Target: Manus AI Implied Equity Value: ~$2.0–2.5 billion (estimated) Total Transaction Size: ~$2.0–2.5 billion (estimated) Announcement date: Late December 2025 Closing date: Q1 2026 Reversal date: 27 April 2026 (China’s National Development and Reform Commissi