Siemens not interested in rescuing Kuka from $5b takeover bid by China’s Midea

Visual from the Siemens corporate website. September 2015

Siemens has no interest in becoming a white knight for German robot maker Kuka, which is the target of a 4.5 billion euro ($5.06 billion) takeover bid by Chinese home appliance maker Midea, Siemens’ chief executive said.

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