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Standard & Poor's Corp (S&P) said Thursday it has revised the outlook on the long-term corporate credit rating on Asahi Glass Co, one of the world's largest flat-glass makers, to negative from stable.
The squeeze-out offer of Asahi Glass Co., Ltd., for the remaining Glaverbel shares closed on 16 December. Asahi Glass thus fully holds 100 percent of the capital of Glaverbel. 34,552 shares and 175 bonds were tendered.
Asahi Glass Co. Ltd. (J.AHG) said Wednesday that it has gained full control of Belgium's Glaverbel SA (B.GLA) following a squeeze-out offer.
Asahi Glass Company Ltd said it will launch a bid for all the remaining shares of Glaverbel SA at 140.86 eur per share. The company said the Belgian Banking and Finance Commission approved the operation, which it said will run from Dec 3-16.
The market value of fabricated glass (encompassing basic flat glass as well as all value-added products, such as laminated, tempered, insulating and mirrored glass) is forecast to increase 5.2 percent per year through 2006.
A spectacular new home in Hamilton, New Zealand, will feature a large Pilkington Planar glass system as its front 'wall'.
A western Pennsylvania town that once relied on a glass manufacturer for employment now believes the company is the key to luring new business there.
Asahi Glass Co., Ltd (J.AHG), which currently holds 99.08% of the share capital of Glaverbel (GLAB.BRU), announced today that it is launching a public squeeze-out bid for the 65,434 shares (i.e. 0.92% of the share capital) it does not already hold.
Asahi Glass Co., Ltd (J.AHG) announced today that it has increased its direct and indirect shareholding in Glaverbel (GLAB.
Zhejiang Glass Co Ltd said it intends to use 100 mln yuan which was a part of net proceeds raised from its listing of H shares to invest in an ultra-thick float flat glass production line.
The Pilkington plc website, www.pilkington.com, has won a major award just four weeks after re-launch for best practice in investor relations.
Asahi Glass Co Ltd is confident it will obtain the 95 pct of Glaverbel which would enable it to launch a squeeze out operation to obtain the remaining shares, sources close to Glaverbel and Asahi said.
Netegrity, Inc., the leading provider of solutions for securely managing e-business relationships, today announced that Guardian Industries Corp. has selected Netegrity SiteMinder(R) product to secure access to several business applications across…
Japan's largest glass maker, Asahi Glass Co. Ltd, announced Friday it will launch a $415 million public tender next week for the 35 percent of Belgian glass maker Glaverbel SA it doesn't already own.
Japan's largest glass maker, Asahi Glass Co. Ltd, announced Friday it will launch a $415 million public tender next week for the 35 percent of Belgian glass maker Glaverbel SA it doesn't already own.
With savvy consumers demanding greener automobiles and government agencies raising the fuel-economy bar, Guardian Industries' SilverGuard(TM) infrared reflective glass is engineered to help meet today's tough vehicle standards.
Grupo Vitro, Mexico's largest glass manufacturer, has assured that the volatility in gas prices for industrial use will not affect its operations.
Glaverbel SA shares closed slightly firmer in heavy trade, amidst speculation that funds are trying to block Asahi Glass Co Ltd's buyout bid, brokers said.
Auto-glass maker Asahi India Safety Glass has increased its stake to nearly 80 per cent in its subsidiary Float Glass India, through a recent open offer and said it might merge the ailing company with itself.
Shareholders holding about 12% of Belgian glassmaker Glaverbel have banded together to oppose a takeover bid from Asahi Glass for the 35% of Glaverbel not owned by Japan's largest glass company.
Asahi Glass Co., Ltd (Head Office: Tokyo, President: Shinya Ishizu) and its affiliated company, Asahi Techno Glass Corporation (Head Office: Funabashi, Chiba, President: Masayuki Katsumata) is consolidating its 'Glass Frit Paste'…
World demand for flat glass is forecast to rise more than 4 percent per year to nearly 4 billion square meters in 2004, with a market value of over $40 billion.
Asahi Glass Co Ltd , Japan's largest glassmaker, said on Monday it would post a special loss of 38 billion yen ($281 million) related to restructuring measures in the business year to next March.
Japan's largest glass maker, Asahi Glass Co Ltd, slashed its earnings forecast for 2001/02 on Monday to a loss of nine billion yen - its first-ever net loss for a business year.
Asahi Glass Co. will turn the parent company's ceramics business division into a 100% unit April 1. The move is aimed rationalizing and revitalizing the ceramics operations, which Asahi Glass regards as one of the group's key business…