China's Midea shares hit record high after firm raises stake in Germany's Kuka

China's Midea shares hit record high after firm raises stake in Germany's Kuka

12:15 AM
SHANGHAI (Reuters) - Shares in China's Midea Group Co Ltd hit a record high on Friday afternoon after the home appliance maker said it was increasing its stake in German robotics maker Kuka , as part of a 4.5 billion euro ($5 billion) takeover.


from Reuters: Technology News http://ift.tt/29GJ9LE
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