One of Kuka’s biggest shareholders has sold its stake in the robot-maker ahead of a possible takeover by Midea, the Chinese manufacturer of household appliances.
Midea has offered to buy the whole of Kuka for $5 billion, and already owns a significant share in the German company.
Now, a large, family-owned company called Voith is to sell its share in Kuka to Midea. [Read more…] about Large Kuka shareholder Voith sells stake to Midea
