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SIEMENS said it would not join the KUKA battle
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Article Source:Tencent of science and technology Update Time:2016-10-25

align="left"> In June 13th, according to Reuters, SIEMENS CEO Joey (Joe Kaeser) Cather expressed no intention to become Germany's industrial robot manufacturer KUKA (Kuka) White Knight (White Knight), the control rights and Chinese appliance manufacturers vying for the beauty of the company.

 

The so-called white knight, is the Target Corp to take the initiative to find third parties, with a higher price to deal with hostile mergers and acquisitions, resulting in third party and hostile takeover bid for the target enterprise situation. In the case of white knight, hostile mergers and acquisitions either increase the price, or to abandon the acquisition.

 

According to earlier reports, the United States has to offer 4 billion 500 million euros ($5 billion 60 million) to buy kubica.

 

Kaiser said in an interview with the German media NTV: "if we are interested in it, we should take action."

 

The acquisition of US led Germany for China KUKA domestic enterprises in the fierce debate in Europe acquisitions, German economy minister Gabriel (Sigmar Gabriel, sigma) and other politicians have called for the implementation of more stringent restrictions.

 

This acquisition also prompted Berlin to measure the KUKA technology for German industry plays a key role in whether digital. German industrial digitization is a priority for the country's economic development.

 

At present, German Chancellor Merkel Angela (Merkel Angela) is visiting china. Kaiser, as Deputy Prime Minister Gabriel for the situation may be relieved as kubica.

 

Kaiser said: "I don't think Mr. Gabriel (the acquisition of KUKA) worried."

 

Kaiser said: "as the Minister of economy, he should consider for his country. From this perspective, he is looking for other buyers for KUKA is normal situation."

 

Earlier this month, Gabriel said it is hard to find other buyers for kubica.

 

The German "Sueddeutsche Zeitung" (Sueddeutsche Zeitung) previously reported, Gabriel has been in contact with the German carmakers, SIEMENS company, to discuss the possibility of anti takeover actions initiated kubica. However, according to sources close to the German government and SIEMENS sources, the major companies on this proposal cool.

 

The United States vice president Gu Yanmin told the German "Daily" (Handelsblatt) said that the company's acquisition of the library card is for commercial interests motivation, the purpose is to help the German company better to Chinese market, has nothing to do with politics.

 

Gu Yanmin also said, KUKA will remain independent, and regulators are expected to China will approve the deal

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