Ron Burgundy Posted June 12, 2016 Share Posted June 12, 2016 Siemens has no interest in becoming a white knight for German robot maker Kuka , which is the target of a 4.5 billion euro ($5.06 billion) takeover bid by Chinese home appliance maker Midea , Siemens' chief executive said. "If we had been interested, we would have acted on it some time ago," Joe Kaeser told German broadcaster ntv in an interview. Midea's bid has fanned a furious debate over Chinese takeovers in Europe, with politicians such as German Economy Minister Sigmar Gabriel calling for tougher restrictions. View the full article Quote Link to comment Share on other sites More sharing options...
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