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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).
CertainTeed Corporation, one of North America's leading building products manufacturers, is proud to announce a partnership with sister companies Norton Abrasives and BPB in a team sponsorship of the number 66 Best Buy Chevrolet for the 2006…
In keeping with its commitment to introduce state-of-the-art glass products, the Paris-based Multinational Saint-Gobain announced introduction of a rage of solar control reflective glass products.
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.
Saint-Gobain, a Paris based global glass gaint, has accorded India as top priority zone in all its business ventures in Asia over the next five years, Jean Louis Beffa, chairman and chief executive officer has said.
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.
Saint-Gobain Vitrage, Saint-Gobain’s Flat Glass Sector and Shell have signed a memorandum of understanding to produce next-generation solar panels.
Saint-Gobain SA said it has formed a partnership with Royal Dutch Shell PLC to develop a new technology of solar panels consisting of thin films of copper indium selenide (CIS) on glass, instead of traditional silicon wafers.
Deutsche Bank hikes target price on Asahi Glass (5201.TO) to Y1,900 from Y1,470, affirms "buy" rating; analyst says downward revision to last FY group profit estimates due mainly to temporary factors; adds large profit growth expected this…
Pilkington (PILK.LN) could come under pressure from Asahi Glass's (5201.TO) reduction in '05 operating income for its glass division, traders say.
Cie. de Saint-Gobain SA, Europe's biggest distributor of building materials, said second-half profit was little changed as costs related to the French company's acquisition of plasterboard maker BPB Plc countered increased demand in the U.…
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.
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.
Jeffrey Rioux of Saint-Gobain Crystals will present a report on advances in the design and ballistic performance of the company's Sapphire Transparent Armor System at the upcoming 30th Annual International Conference and Exposition on Advanced…
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.
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.
The board of French building materials maker Saint-Gobain will meet later on Monday to consider the size of a raised hostile bid for BPB after the plasterboard maker rejected calls for friendly talks over the weekend, said a source close to the…
Saint-Gobain SA, the French building materials group, is this weekend making a last-ditch approach to the board of BPB PLC in an effort to seal an agreed 3.8 bln stg takeover of the British plasterboard company, both The Sunday Times and The Sunday…
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.
The European Commission on Wednesday cleared French glass firm Compagnie de Saint-Gobain SA's hostile 3.68 billion British pound (euro5.45 billion; US$6.4 billion) bid for British plasterboard maker BPB PLC.
Analyst Lalita Gupta of Morgan Stanley maintains her "overweight" rating on Nippon Electric Glass (ticker: 5214).
Saint Gobain's (12500.FR) remarks in response to BPB (BPB.LN) defense document contain nothing new as expected, says analyst.