I think your interpretation is different to mine here. my understanding is that MNS put a debt offer to the funder which was ignored completely C4V put together an offer backed by investors to buy out the debt and it was accepted. C4V would have a range of conditions which i'm guessing included that MNS has no further rights in the project.
PH2 Hydrogen in Germany – Who will solve the “chicken and egg problem”? Pure Hydrogen, thyssenkrupp, NEL