Special situation: Kuka (ISIN DE0006204407) take-over discount “arbitrage”
The situation:
A few weeks ago, Kuka, the Robotics specialist and one of the typical German “Mittelstand” hidden champions came suddenly into the spotlight.

Chinese company Midea Group (listed, ~20 bn USD market cap) made a 115 EUR per share offer. Midea already owned a stake before but now wanted to have more.