China’s Midea makes $5.2B offer for German robot maker Kuka

HONG KONG — Chinese appliance maker Midea made a $5.2 billion takeover offer Wednesday for German industrial robot maker Kuka, a move that it says would help it capture a larger share of the “future service robots market.” Midea said it would offer 115 euros ($130) a share to buy all the Kuka stock it […]