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Midea Group plans to fully acquire and privatize its subsidiary KUKA Aktiengesellschaft, a German robotics company listed on the Frankfurt Stock Exchange, through a wholly-owned subsidiary, delisting KUKA from the exchange.
“本次收购有利于KUKA 专注业务经营并提升公司在机器人与自动化相关业务领域的内部资源协同和共享”beta.zhitongcaijing.com
Summarized from public sources; check the original articles before acting on it.