China’s Midea Group agrees to buy majority stake in Clivet SpA

Officials of Midea and Clivet S.p.A.

Midea Group Co., China’s biggest appliance manufacturer, signed an agreement to buy an 80 percent stake in Clivet SpA, an Italian maker of air conditioners.

Continue reading this story with a subscription to DealStreetAsia.


Should your colleagues be reading this article too? Contact us for corporate subscriptions at