Kuka
China's Midea Poise to Acquire 95% Stake of German Robot Maker Kuka
| Charissa Echavez | | Aug 09, 2016 09:29 AM EDT |
Chinese appliance maker Midea announced on Monday that it is acquiring roughly 95 percent of German robot maker Kuka amid the European government's fear of totally losing control over the company.
China’s Midea Group is Closing on Kuka Deal: Report
| Girish Shetti | | Jun 28, 2016 09:21 AM EDT |
After weeks of hectic negotiations, Chinese company Midea Group is on the verge of acquiring German robotic company Kuka AG, people familiar with the matter said on Tuesday.
Kuka Wants Assurance of Job Protection From China’s Midea Group: Sources
| Girish Shetti | | Jun 17, 2016 04:23 AM EDT |
German based company Kuka wants a firm assurance from China's Midea Group on job protection and preservation of all physical sites after its proposed takeover of the robotic company.
China's Midea Group Plans to buy 49 Percent Stake in German Robotic Company Kuka [REPORT]
| Girish Shetti | | Jun 15, 2016 04:42 AM EDT |
China's Midea Group Co Ltd wants to buy a 49 percent stake in German industrial robot maker Kuka, sources familiar with the matter revealed on Tuesday.
Chinese Company Midea Makes $5 Billion Offer for German Robotics Firm Kuka
| Rina S. | | May 19, 2016 11:30 AM EDT |
China's leading home appliance manufacturing company Midea has disclosed its bid for German robot-making firm Kuka. The Chinese company has offered a proposal of $130 per share for a controlling stake in the robotics company. The bid values the German company at more than $5 billion.
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