Kuka CEO says company in talks with potential new investors
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German robotics maker Kuka is in confidential talks about potential new investors but has so far only received a takeover offer from Chinese bidder Midea, Chief Executive Gordon Riske said on Wednesday.
Midea, which already owns a 13.5 percent Kuka stake, made a 115 euros a share takeover offer earlier this month, causing furore among German politicians who have urged Kuka to remain independent.
Earlier this week, Midea and Kuka unveiled an investor agreement which includes a commitment to keep its existing headquarters, factories and jobs.
(Reporting by Irene Preisinger, writing by Edward Taylor; Editing by Tina Bellon)