Ron Burgundy Posted June 5, 2016 Share Posted June 5, 2016 German industrial robot maker Kuka would assess a possible European takeover bid but it is wrong to assume such an offer would take priority over the bid by China's Midea Group Co Ltd's , Chief Executive Till Reuter told Frankfurter Allgemeine Sonntagszeitung. Kuka is the latest and biggest German industrial technology group to be targeted by a Chinese buyer as the world's second-largest economy makes the transition from a low-cost manufacturer into a high-tech industrial hub. Chancellor Angela Merkel's government is trying to coordinate an alternative offer for Kuka, with government sources expressing concerns about losing German technology to China. View the full article Quote Link to comment Share on other sites More sharing options...
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