Midea Group
Germany tightens rules to shield businesses from foreign takeovers
Germany has approved rules to make it easier to block the sale of strategically important companies to investors from outside the European Union, prompted by concerns about China acquiring German expertise by that route.
Toshiba planning to sell TV business and Turkish, Chinese companies among potential buyers
Toshiba, which sold the first Japan-made color television in 1960, now appears to want to sell its TV business.
Some foreign buyers are said to be showing interest in taking over the unit, according to people familiar with the matter.
Potential bidders include Turkish home-appliance maker Vestel and a few Chinese rivals.