Shenzhen-listed Midea wants to lift its stake in Kuka to at least 30% from the current 13.5%, for a price that would value the German high-end robotics maker’s shares at $5.2 billion.

Chinese home appliance maker Midea Group made an offer on Wednesday to buy German factory robot manufacturer Kuka AG, the latest bid by a Chinese investor to gain control of cutting-edge German ...

China’s Midea Group made its formal offer to take over Germany’s Kuka in the face of criticism by some of the robot maker’s investors and German politicians that management hasn’t done ...

DGAP-Ad-hoc: KUKA Aktiengesellschaft / Key word(s): Squeeze Out KUKA Aktiengesellschaft: Midea submits formal request for transfer of the shar ...

Midea wants more than 30 per cent of Kuka, which under German law requires they make a full tender offer. The offer is €115 a share in cash, a 36 per cent premium that values the target at 45 ...

Chinese appliance maker Midea made a $5.2 billion takeover offer Wednesday for German industrial robot maker Kuka, a move that it says would help it capture a larger share of the \ ...

China’s Midea Group Co. will become Kuka AG’s largest shareholder after buying a 25% stake in the German robot maker from investor Voith GmbH as part of a deal that’s been closely scrutinized by ...

Midea earlier on Thursday formally launched a 4.5 billion euro ($5 billion) offer for Kuka and committed to preserve Kuka's sites, employment levels, brands and intellectual property.

HONG KONG – Chinese appliance maker Midea has promised that German industrial robot maker Kuka will remain independent, as it seeks to allay fears about its takeover bid for the company. Midea's ...

China's Midea Group has made a formal offer for Kuka (OTCPK:KUKAY) in face of criticism by some of the robot maker's investors and German politicians.The €115 a share price represents ...

HONG KONG (AP) — Chinese appliance maker Midea made a $5.2 billion takeover offer Wednesday for German industrial robot maker Kuka, a move that it says would help it capture ...