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China’s Midea Group to Disclose Bid for Germany’s Kuka

China’s home appliances builder Midea Group is tighten to disclosing a takeover offer for German industrial drudge builder Kuka AG, according to people informed with a matter, a pierce that could turn one of a largest unsolicited approaches of a unfamiliar association by a Chinese buyer.

Based in Southern China’s Guangdong province, Midea could announce the offer for Kuka as early as Wednesday, dual of these people said, adding it is prepared…

Article source: http://www.wsj.com/articles/chinas-midea-group-to-disclose-bid-for-germanys-kuka-1463502943

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