China’s Midea Group to make offer for Germany’s Kuka – WSJ

Robots covered in plastic sheets are seen at a plant of Kuka Robotics in Shanghai August 13, 2014. REUTERS/Pete SweeneyMoreFRANKFURT (Reuters) – Chinese home appliances maker Midea Group <000333.SZ> is close to making an offer for German industrial robot maker Kuka AG , the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
The offer could become one of the largest unsolicited approaches of a foreign company by a Chinese buyer and could value Kuka at rou