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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.
Slaughter and Mays 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.
GMH plans to source windscreens and back car windows from a French company in Thailand once the Pilkington contract expires.
Workers from Pilkington Glass have rallied outside Holden's offices at Port Melbourne, saying 120 jobs could go if the company imports windscreens.General Motors Holden (GMH) says a decision was made two years ago to import windscreens.
An industrial dispute is set to close Geelong's Pilkington glass plant for up to six hours today. The dispute stems from a General Motors decision to source glass components from overseas, a decision that could endanger more than 100 jobs at…
Glassmaker Pilkington said the year had started in line with expectations and the company was ready to invest into new growth opportunities.
On 15th July, 2005, Pilkington announced that it has entered into an agreement to acquire the US assets of Autostock Distribution, with an asset value of around $US 18 million.
Manufacturers are warning the DTI that Britain may run out of gas this winter. Sylvia Pfeifer examines why they are so concernedIt may have been glorious summer in Whitehall last Wednesday, but when a bunch of manufacturers met Malcolm Wicks, the…
A new product brochure and technical data sheet for Pilkingtons fire-resistant glasses are now available.
Analysts at Goldman Sachs reiterate their "underperform" rating on Pilkington, while reducing their estimates for the company.In a research note published this morning, the analysts mention that the company reported a 2% y/y decline in its…
BOC has secured a 15-year, multi-million pound contract with international glass manufacturer Pilkington for the continued supply of nitrogen and hydrogen to the company's main UK manufacturing facility at St Helens, Merseyside.
Shanghai Yaohua Pilkington Glass Co Ltd will set up a 50-50 joint venture with Pilkington Italia SpA, Shanghai Yaohua said.
Pilkington Plc, the world's biggest windshield maker, plans to buy about 40 percent of China Glass Holdings' initial share offer, or a 9.9 percent stake, for up to HK$83 million.
The Board of Pilkington plc is pleased to announce that Norman Lyle OBE has accepted its invitation to become a Non-Executive Director of the Company and will take up his appointment on 1st August 2005.
Operating profit including joint ventures and associates up from £213 million to £231 million Profit on ordinary activities before taxation, amortisation of goodwill and exceptional items up from £152 million to £180 million, equivalent to an…
Glass maker Pilkington posted a 26% rise in annual profits today after cost-cutting measures helped it combat tough trading conditions.
The award was made at a recent supplier conference held by Honda UK Manufacturing and presented to Pilkington's Charles Mason.
Pilkington PLC, the world's biggest maker of car windshields, whose North American headquarters are in Toledo, will pay $2 million to settle a lawsuit accusing it of contaminating an Illinois town's water supply five months after a jury…
Ever since clear glass was first used in buildings and shops, you have had to look at it as well as through it. Now, you dont have to.
President of Kazakhstan Nursultan Nazarbayev visiting Kyzylorda oblast has met public and members of the regional affiliate of Atameken, Nationwide union of employers and businessmen.
Despite heavy snow and temperatures as low as -25C, building work has continued steadily during the winter. "Our preparations for the cold weather paid off," said engineering project manager Jeremy Tyndall.
In accordance with its established policy, Pilkington issued the following trading up-date ahead of the announcement of its results for the period to 31 March 2005, scheduled for Thursday, 26 May 2005.