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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.
Dresdner Kleinwort Wasserstein ups Pilkington (PILK.LN) to hold from sell, raises target price to 163p from 140p due to ongoing takeover discussions and following a sector re-rating.
Diamon-Fusion International, Inc. (DFI Nanotechnology), global developer and exclusive licensor of the Diamon-Fusion® patented hydrophobic nanotechnology, is the recipient of multiple marketing annual awards as announced by the prestigious US Glass…
Viet Nams glass-makers are now in an ideal position to step up exports of construction-grade glass, according to Viet Nam Glass Association.
Baltic Glass Company, the subsidiary of Russian Soda Company from St.-Petersburg and American PPG Industries, Inc. agreed on concerted efforts in the implementation of the sheet glass project in St.-Petersburg.
Pilkington (PILK.LN) could come under pressure from Asahi Glass's (5201.TO) reduction in '05 operating income for its glass division, traders say.
Grand Canyon West, a destination owned and operated by the Hualapai Tribe at the Grand Canyon's western rim, announces new features planned for The Skywalk, which will push the project's completion date to later this year.
Saint-Gobain Vetrotex has created a Specialty Reinforcements Group (SRG) for the North American market, as a part of a strategy to move closer to the market.
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.
Glass factory workers in Denbighshire could soon be working for a new, Japanese owner.Nippon Sheet Glass Company looks likely to acquire glass maker Pilkington after reportedly beefing up its takeover offer to £2.2bn.
Japan's Nippon Sheet Glass is discussing a takeover of glassmaker Pilkington at more than 160 pence a share, sources familiar with the situation said on Wednesday.
Pilkington +4.6% at 154.75p amid press speculation that talks between the company and its rebuffed suitor Nippon Sheet Glass (5202.
Bekaert, the premier supplier of rotatable sputtering technologies delivering lower cost of ownership and higher coater throughput, has announced that Lance Sides has joined the company as the Market Manager for North American Operations.
Pilkington, Britain's leading glassmaker, has been forced to move from using gas to oil to run its UK operations because it could no longer afford to pay its enormous gas bill.
Johns Manville plans to build a new nonwoven glass mat production line, capable of producing one billion square metres of glass mat per year, at its facility in Etowah, in the US.
Slaughter and Mays 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.
GMH plans to source windscreens and back car windows from a French company in Thailand once the Pilkington contract expires.
Workers from Pilkington Glass have rallied outside Holden's offices at Port Melbourne, saying 120 jobs could go if the company imports windscreens.General Motors Holden (GMH) says a decision was made two years ago to import windscreens.
An industrial dispute is set to close Geelong's Pilkington glass plant for up to six hours today. The dispute stems from a General Motors decision to source glass components from overseas, a decision that could endanger more than 100 jobs at…
Glassmaker Pilkington said the year had started in line with expectations and the company was ready to invest into new growth opportunities.
On 15th July, 2005, Pilkington announced that it has entered into an agreement to acquire the US assets of Autostock Distribution, with an asset value of around $US 18 million.
Manufacturers are warning the DTI that Britain may run out of gas this winter. Sylvia Pfeifer examines why they are so concernedIt may have been glorious summer in Whitehall last Wednesday, but when a bunch of manufacturers met Malcolm Wicks, the…
A new product brochure and technical data sheet for Pilkingtons fire-resistant glasses are now available.
Analysts at Goldman Sachs reiterate their "underperform" rating on Pilkington, while reducing their estimates for the company.In a research note published this morning, the analysts mention that the company reported a 2% y/y decline in its…