China's Midea Group will buy a little more than 80 percent of loss-making Japanese conglomerate¹ Toshiba's home appliances arm for 473 million dollars, the two companies said.

中国美的集团将以4.73亿美元收购日本东芝集团持续亏损的家电子公司，并获得该公司超过80%的股权。两家公司近日宣布了这一消息。

Toshiba, which makes everything from rice cookers to nuclear plants, will retain the remaining 19.9 percent of Toshiba Lifestyle Products And Services Corporation (TLSC), which will retain its name, the two said in a joint statement.

从洗衣机到核电站，东芝集团都可以进行制造。两家公司在联合声明中表示，美的收购东芝生活电器株式会社后，东芝集团仍然保有其19.9%的股权，并且公司还将会保留其原有名字。

Under the deal, Midea will be licensed² to use Toshiba brands for home appliances for 40 years, obtain more than 5,000 intellectual property assets, and be authorised to use other related patents retained by Toshiba, it said.

根据协议，美的可以使用东芝家电品牌40年，并获得5000余项专利使用权，以及授权使用东芝其他相关专利。

The deal is the latest in a series of overseas acquisitions by Chinese firms, and comes as Beijing seeks to retool³ its heavy industry-dependent economy to one more driven by consumer demand.

此项交易是中国公司最新的海外并购，现在中国政府正在寻求把依赖重工业的经济转向为内需拉动增长的经济。

Chinese companies have made global headlines with multi-billion dollar buys in recent years, including state-owned ChemChina's 43 billion dollars offer last month for Swiss pesticide⁴ and seed giant Syngenta -- the biggest-ever overseas acquisition by a Chinese firm if it goes through. Another Chinese home appliance maker⁵, Haier, announced in January that it will buy the appliances arm of US giant General Electric for $5.4 billion.

近些年，中国公司动辄上亿的收购经常登上国际新闻的头条，这其中就包括中国化工集团公司上个月以430亿美元的价格报价瑞士农化集团先正达，如果顺利的话，这将是中国公司最大的一次海外收购。另一家中国家电企业海尔公司于今年1月份宣布，将会以54亿美元收购美国GE家电业务。

Midea's chairman Fang⁶ Hongbo said the acquisition of the Toshiba unit -- which he called an "iconic brand" -- was "an important landmark⁷ in Midea's globalisation endeavour⁸" and would "significantly strengthen our competitiveness in Japan, Southeast Asia and the global market".

美的总裁方洪波表示，东芝电器子公司是标志性品牌，收购东芝家电公司是美的全球化事业的重要里程碑，将会极大地加强美的在日本、东南亚以及世界市场的竞争力。

In the joint statement, issued Wednesday, Toshiba president Masashi Muromachi added he was "confident that Midea's further investment in RAndD, marketing⁹ and branding will bring about a brighter future for the home appliances business".

在周三发布的联合声明中，东芝总裁兼首席执行官室町正志表示，相信美的在研发、营销和品牌方面的进一步投资将会为家电业务创造更辉煌的前景。The deal is the latest in a series of overseas acquisitions by Chinese firms, and comes as Beijing seeks to retool its heavy industry-dependent economy to one more driven by consumer demand.

此项交易是中国公司最新的海外并购，现在中国政府正在寻求把依赖重工业的经济转向为内需拉动增长的经济。

Chinese companies have made global headlines with multi-billion dollar buys in recent years, including state-owned ChemChina's 43 billion dollars offer last month for Swiss pesticide and seed giant Syngenta -- the biggest-ever overseas acquisition by a Chinese firm if it goes through. Another Chinese home appliance maker, Haier, announced in January that it will buy the appliances arm of US giant General Electric for $5.4 billion.

近些年，中国公司动辄上亿的收购经常登上国际新闻的头条，这其中就包括中国化工集团公司上个月以430亿美元的价格报价瑞士农化集团先正达，如果顺利的话，这将是中国公司最大的一次海外收购。另一家中国家电企业海尔公司于今年1月份宣布，将会以54亿美元收购美国GE家电业务。

Midea's chairman Fang Hongbo said the acquisition of the Toshiba unit -- which he called an "iconic brand" -- was "an important landmark in Midea's globalisation endeavour" and would "significantly strengthen our competitiveness in Japan, Southeast Asia and the global market".

美的总裁方洪波表示，东芝电器子公司是标志性品牌，收购东芝家电公司是美的全球化事业的重要里程碑，将会极大地加强美的在日本、东南亚以及世界市场的竞争力。

In the joint statement, issued Wednesday, Toshiba president Masashi Muromachi added he was "confident that Midea's further investment in RAndD, marketing and branding will bring about a brighter future for the home appliances business".

在周三发布的联合声明中，东芝总裁兼首席执行官室町正志表示，相信美的在研发、营销和品牌方面的进一步投资将会为家电业务创造更辉煌的前景。