Deals
How China's Dealmakers Pulled Off a $207 Billion Global Spree
- Buyers learn to soothe concerns in $207 billion global spree
- New deal playbook includes long courtships, job guarantees
China's $207B Global Buying Spree
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When a Chinese home-appliance company announced a plan in May to become the largest shareholder in one of Germany’s most advanced robot manufacturers, the backlash was immediate.
German politicians and European officials denounced Midea Group Co.’s offer for Frankfurt-listed Kuka AG, whose robotic arms assemble Airbus jets and Audi sedans. In a rare public appeal for alternative acquirers, Germany’s economy minister argued that Kuka’s automation technology needed to stay out of Chinese hands.