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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.
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…
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.
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.
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…
Nippon Sheet Glass Co. announced Monday it agreed to acquire 80 percent of British glassmaker Pilkington plc in a strategy to expand its global production capacity.
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).
The rapid growth of the European subsidiary witnessed at Edgetech over the past months is set to continue in the new year.
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.
Pilkington (PILK.LN) could come under pressure from Asahi Glass's (5201.TO) reduction in '05 operating income for its glass division, traders say.
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.