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Chinese home appliance maker Midea formally launched a 4.5 billion-euro ($5.1 billion) offer for German industrial robot maker Kuka on Thursday, reiterating its aim to acquire more than 30% of the company.
Hewlett-Packard (HP) has embarked on a much-delayed sale of IT services firm Mphasis with Citigroup managing the auction process, multiple sources directly familiar with the matter said. Hewlett-Packard Enterprises holds 60.5% stake