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China's Midea Group (000333.SZ) on Wednesday said it offered to buy German industrial robot maker Kuka AG (KU2G.DE) for 115 euros a share in cash to expand its know-how in robotics for general industry and logistics applications.


Kuka Rick Barry Jersey , one of the world's leading robot suppliers in automotive manufacturing, is the second German logistics company to attract interest from Chinese investors, after Weichai Power (000338.SZ) took a 25 percent stake Kion (KGX.DE) in 2012.


Midea's offer values Kuka at around 4.5 billion euros and represents a premium of 36 percent to the Kuka share price of 84.41 euros at close on Tuesday.


Kuka shares rose 35 percent to a record high of 114 euros on Wednesday on the Frankfurt Stock Exchange.


Analysts said the takeover price may be attractive enough to persuade established anchor shareholders like Voith to sell.


Augusburg-based Kuka currently has three large shareholders including Friedhelm Loh, a German entrepreneur who owns 10 percent Chris Mullin Jersey , and Voith Group which holds 25.1 percent.


"With today's offer Midea is in our view providing a highly attractive exit for a broad variety of shareholders," analysts at Equinet said on a note on Wednesday.


Midea said it had a 13.5 percent stake in Kuka and was seeking to become the largest shareholder by raising its stake beyond 30 percent.


Under German takeover rules, any bidder seeking control of more than 30 percent in a listed company must make a mandatory offer to all shareholders.


Kuka was not immediately available for comment.


Midea said it had confidence in Kuka's current management and intended to leave it in charge of running the company on a day to day basis.


"KUKA is in excellent condition today and we are committed to investing in KUKA's employees, brand Draymond Green Warriors Jersey , intellectual property and facilities to further support the company's development," Midea Chairman and Chief Executive Paul Fang said in a statement.


The Chinese industrial group further said it had no plans to delist the German company, or to implement a so-called profit transfer and domination agreement.


Midea Group raised its stake in Kuka to 10.2 percent in February, saying at the time that it wanted to further increase its shareholding.


Midea's move is part of a wave of Chinese investments in Germany.


In January a consortium led by state-owned ChemChina agreed to buy industrial machinery maker KraussMaffei Group for about $1 billion. Sany Heavy Industry Co Ltd (600031.SS) bought concrete pump maker Putzmeister Holding GmbH for $698 million in 2012.


PARIS Kevin Durant Warriors Jersey , Oct. 28 (Xinhua) -- Britain's Olympic tennis champion Andy Murray is playing his sixth straight week at the 2,884,675 euros Paris Masters, but the world No. 8 told a pre-tournament interview here on Tuesday that he feels good about it.


"Last time I did it was when I was 18 after Wimbledon. I went and I played nine to 10 weeks in a row over in America Stephen Curry Warriors Jersey ," said the 27-year-old.


"It's been a long few weeks, but it's been very beneficial for me," he commented. "We gained a lot of confidence in my body again from playing this many matches, and I have been fighting extremely hard and got some good results."


Last Sunday Klay Thompson Warriors Jersey , Murray performed an excellent comeback against Spaniard Tommy Robredo in the final of Valencia Open, having been taken over three hours to win a grueling match for a long waited title.


The victory, one of the three trophies in his last five events, helped him become a biggest mover on ATP rankings DeMarcus Cousins Warriors Jersey , to the eighth, and climb to the fifth in the race to qualify for next month's ATP World Tour Finals in London.


"It's supposed to have been a terrible year for me," said the Scotsman, who's recovering from a back surgery undergone last year. "Right now I'm No. 5 in the race and I'm happy with that."


"I have come back well from a tough surgery Draymond Green Youth Jersey , and there is still hopefully a couple of tournaments left between now and the end of the year where I can try to make more improvements.


"But if not, I'm still very happy, especially with the last few weeks," he added. "A lot of the tennis I played since the French Open has been good. I feel much better about myself."


The two-time Grand Slam champion seeks a qualification to the London Finals but said it's not his No. 1 reason for playing a lot of tournament after the U.S. Open.


"I was more interested in trying to get myself back into the top eight players in the world Kevin Durant Youth Jersey , because for the seedings and all of the Masters series and the major events at the beginning of the year (2015), it makes a big difference."


The ATP World Tour Finals will start on Nov. 9 in London with world No. 1-2 Novak Djokovic and Roger Federer, as well as Stan Wawrinka and U.S. Open champion Marin Cilic already secured their spots and four more berths open to seize.

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