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The European Commission said Wednesday it has approved Nippon Sheet Glass Co.'s acquisition of British glass maker Pilkington PLC, concluding that the deal will "not significantly impede effective competition" in Europe.
Nippon Sheet Glass Co. is moving to global prominence on the strength of Japanese automakers, its biggest customer base. The world's sixth-largest maker of sheet glass is scheduled to complete the purchase of Britain's Pilkington Plc,…
Pilkington shareholders will vote in April on a formal offer by Nippon Sheet Glass (NSG) for the remaining 80 per cent of the shares in Pilkington they do not currently own.
Nippon Sheet Glass Co. said the potential benefits of its planned 616 billion yen acquisition of Britain's Pilkington Plc far outweigh the risks.
Staff at Swansea's Pilkington Glass have been reassured that their jobs are not at risk. The UK glass king, based in St Helens, Lancashire, is the latest in a string of British companies to be sold to foreign investors.
Nippon Sheet Glass Co. announced Monday it agreed to acquire 80 percent of British glassmaker Pilkington plc in a strategy to expand its global production capacity.
Nippon Sheet Glass Co. said Monday that it will acquire the 80 percent stake it doesn't have of Britain's Pilkington PLC in a deal worth 358.5 billion yen (US$3 billion; euro2.6 billion).
Pilkington's chairman, Sir Nigel Rudd, stands to make £4.25m if, as expected, Japan's Nippon Sheet Glass returns with an agreed £2.2bn takeover offer this month.
Nippon Sheet Glass Co. Ltd., creator of the Selfoc lens and a supplier of gradient index lenses, has partnered with Optical Zonu, a Van Nuys, Calif., manufacturer of fiber interface modules.
Japan's Nippon Sheet Glass is unlikely to agree to buy Pilkington Plc for several more weeks as it continues to plough through the glassmaker's books, sources familiar with the situation said.
Pilkington +4.6% at 154.75p amid press speculation that talks between the company and its rebuffed suitor Nippon Sheet Glass (5202.
Slaughter and May’s famed boardroom connections have snared it a lucrative instruction from Pilkington on its potential £2bn takeover — despite Herbert Smith having already been given the role.
Two novel new machines from partners CADRAM and R&R Sondermaschinen are providing the first automated solutions for applying decoration to window glass, using either lead or bevel-effect 3M Accentrim tape.
Researchers from the United Kingdom, France and the DUBBLE beamline at the European Synchrotron Radiation Facility (ESRF) have made a step forward in research on glass.
The award was made at a recent supplier conference held by Honda UK Manufacturing and presented to Pilkington's Charles Mason.
Pilkington PLC, the world's biggest maker of car windshields, whose North American headquarters are in Toledo, will pay $2 million to settle a lawsuit accusing it of contaminating an Illinois town's water supply five months after a jury…
In accordance with its established policy, Pilkington issued the following trading up-date ahead of the announcement of its results for the period to 31 March 2005, scheduled for Thursday, 26 May 2005.
St .Helens based glass maker Pilkington shrugged aside difficult trading conditions at its UK building products division to predict a 15 per cent rise in full year profits today.
Guardian Industries Corp., a worldwide manufacturer of float glass and fabricated glass products, officially inaugurated its float glass facility in Goole, England, yesterday. (EDITOR’S NOTE - Float glass is made by floating melted glass on a bed of…
The role of Company Secretary has been strengthgened following the publication of a UK government-commissioned report on corporate governance.
Pilkington Chairman Sir Nigel Rudd has been presented with a Personality of the Year award by Brazil in recognition of the Group's record investment in that country.
Paolo Scaroni has resigned from the Board of Pilkington plc and relinquished the post of non-executive deputy chairman of the Group.
Finland's second largest independent glass processing firm has become part of the Pilkington Group.The acquisition of KP Lasi will give Pilkington Processing and Merchanting 15 per cent of the buoyant Finnish IGU market.
Moody's Investors Service has changed the outlook of the Baa2 senior unsecured long-term debt ratings of Nippon Sheet Glass Co., Ltd.'s (NSG)to stable from positive.
Japan's Nippon Sheet Glass doubled its Pilkington stake to around 20 percent, in a move to expand its global reach.Pilkington Chief Executive Paolo Scaroni said he felt NSG would not raise its stake beyond that level.