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Nippon Sheet Glass, a large Japanese manufacturer, has increased its holding in Pilkington, the UK glass group, from 10 to 21 per cent over the past fortnight, but has ruled out mounting a full bid.
Effective October 15, 2001:Jacques Aschenbroich and Christian Streiff are appointed Senior Vice Presidents.
Shares in Pilkington PLC lost ground in weak midmorning trade, in the wake of a ratings downgrade from Goldman Sachs, which blamed a deteriorating earnings climate for their move, dealers said.
The Building Distribution Division of Saint-Gobain announces the acquisition of Matriaux Runis (Caternet group), through its French subsidiary Point.P.Matriaux Runis is a general builders' merchant, based South-East of France.