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China’s Midea receives U.S. green light for Kuka takeover
December 30, 2016 by publisher · Leave a Comment
China's Midea said it will complete its takeover of German robotics maker Kuka in the first half of January after the United States authorities gave the deal a green light. The bid for Kuka, a high-tech robotics manufacturer, sparked controversy in Germany amid fears that key technologies were falling into foreign hands at a time when China protects its own companies against foreign takeovers. “The United …
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China’s Midea receives U.S. green light for Kuka takeover