A 56.79% stake to accept offer midea group or library card seven into equity

Source：Updated：2016-07-15 13:55:25

Released yesterday, midea group about offer library card group progress of announcement of presentation, said by Beijing time on July 13, 2016, 24, the number of library card corporation to accept the offer is 22.5867 million shares, accounting for the library card group, about 56.79% of the issued share capital. 
 
Midea group has said the offer before the company already has a library card group 13.5% stake, according to accept this offer so far library card corporation number calculation, after completion of the tender offer, the library card group shares from the companies will reach 70.29%. 
 
In may this year, midea group announced plans to a 115 euro per share offer German industrial robot company library card, which will be for the library card's stake from 13.5% to 30% or more. If successful, the largest shareholder of beauty will be a library card. 
 
For beauty, the core of the library card advantage that robot integrated manufacturing strength and downstream application experience, hope that through the acquisition of beauty, layout of the middle link of assembly in the field of robot, and the downstream application experience, do sufficient ground for its popularization in China. At the same time, the white home appliance enterprises belong to labour-intensive enterprises, use robot instead of artificial has gradually become one of the trends in the field of manufacturing. 
 
 
 
A one hundred - year - old library card company headquarters in the southern city of augsburg, Germany is one of the world's major industrial robot manufacturers. Library card is also the world's leading robotics, automation equipment and solution suppliers, focus on industrial robotics, automation control system two big business. After the 2015 acquisition of Swiss Swisslog its further on the automation system integration. At present, the library card is 50% of the robot and control system applied in the automotive industry.