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Thursday, June 23, 2016

Kuka investor tenders stake to Chinese bidder: sources

BERLIN/FRANKFURT (Reuters) - German mechanical engineering group Voith [VOITH.UL] is selling its 25.1 percent stake in robotics maker Kuka to Chinese bidder Midea, paving the way for the merger to go through smoothly, people close to the deal said on Thursday.


from Reuters: Technology News http://ift.tt/28T2igi

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