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In the Pall Mall boardroom of Pilkington, the glassmaker Nippon Sheet Glass has just bought for £2.2bn ($3.9bn), Yozo Izuhara, the man who drove the protracted deal to its conclusion, admits to a moment of indecision during the tense negotiations.
Pilkington and NSG issued a statement on 16 June confirming that the acquisition of Pilkington by NSG has been completed and that Pilkington is now a member of the NSG Group.
Nippon Sheet Glass Co said it has completed its acquisition of UK glass maker Pilkington PLC. A Nippon Sheet Glass statement says the acquisition means its group will have the largest share of the sheet glass market, with sales of about 760 bln yen…
Applied Industrial Technologies has been selected as a PPG Industries, Inc. Excellent Supplier for 2005.
European regulators cleared Japan's Nippon Sheet Glass Co. yesterday to buy the 80 percent of Pilkington PLC of Britain that it does not own.
The European Commission said it has cleared the proposed acquisition by Japan's Nippon Sheet Glass Co (NSG) of UK peer Pilkington.
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,…
Holders of Pilkington's only outstanding bond have accepted Nippon Sheet Glass (NSG)'s offer to buy it back, the British glassmaker said on Thursday.
As glass windows increasingly adorn larger surface areas of modern day buildings, including hotels, malls and multiplexes, the cleaning regime becomes that much more of a challenge.
PPG Industries has installed a $1.6-million unit to recycle waste fiber glass at its fiber glass manufacturing plant in Hoogezand, the Netherlands.
Pilkington, the global manufacturer of glass and glazing products, has awarded online learning provider, SkillSoft , a three-year contract worth nearly £380,000 to supply management, business, health & safety, IT and desktop-skills training to…
There is new information tonight in a labor dispute that may keep hundreds of workers off the job. The contract covering union workers at PPG industries in Lake Charles was set to expire at midnight tonight, but the contract has been extended for…
Nippon Sheet Glass Co. (NSG), the world's sixth-largest glass maker, will move alongside front-runner Asahi Glass Co., in terms of sales, after the 616 billion yen acquisition of third-ranked British glass maker Pilkington PLC, by the end of…
The UK's largest supplier of emergency glazing and household repairs yesterday boosted its business with a £6.5m deal.
Customers in Scotland and the North East of England stand to benefit from £2.8million investment at Pilkington Cumbernauld.
Scott Sinetar, general manager of sales and marketing for architectural coatings, has been named vice president, architectural coatings, North America, PPG Industries officials announced today.
Yahoo Asia reported that credit default swaps on Pilkington were volatile on Thursday amid speculation the British glassmaker's imminent takeover may prompt corporate action that cuts the value of its default protection.
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.
Azobuild.com reported that the new Part F of the Building Regulations for Northern Ireland will come into effect in June 2006.
Nippon Sheet Glass Co. said the potential benefits of its planned 616 billion yen acquisition of Britain's Pilkington Plc far outweigh the risks.
Union leaders are considering legal action against Pilkington, claiming the company failed to consult with its workers before agreeing to a £2.2bn takeover by Nippon Sheet Glass.
PPG Industries Inc. paid Chief Executive Charles E. Bunch $2.25 million in salary and bonus last year.
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.
The contribution to business success in the shape of technology comes in many forms. For Pilkington it came with the help of a washing up bowl.Alastair Pilkington, then technical director of the "family" business, conceived the idea of…