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Asahi Glass Co. Ltd. (J.AHG) said Wednesday that it has gained full control of Belgium's Glaverbel SA (B.GLA) following a squeeze-out offer.
Asahi Glass Company Ltd said it will launch a bid for all the remaining shares of Glaverbel SA at 140.86 eur per share. The company said the Belgian Banking and Finance Commission approved the operation, which it said will run from Dec 3-16.
Earnings of PPG Industries for the fourth quarter are forecast to be between 55 and 60 cents a share, according to Raymond W.
GLASS giant Pilkington looked on the bright side of tough trading conditions yesterday after seeing a robust performance from its UKbased business.
Curvet has made its name as one of the foremost companies in this sector. Thanks both to its continuous work of research into ever new and avant-guard technical solutions, and to the commitment of specialised personnel who work with enthusiasm and…
Asahi Glass Co., Ltd (J.AHG), which currently holds 99.08% of the share capital of Glaverbel (GLAB.BRU), announced today that it is launching a public squeeze-out bid for the 65,434 shares (i.e. 0.92% of the share capital) it does not already hold.
Asahi Glass Co., Ltd (J.AHG) announced today that it has increased its direct and indirect shareholding in Glaverbel (GLAB.
Researchers and developers of glass and coatings innovations that have become business successes for PPG Industries were honored with the President's Award for Technical Achievement here during a corporate technology conference.
Asahi Glass Co Ltd is confident it will obtain the 95 pct of Glaverbel which would enable it to launch a squeeze out operation to obtain the remaining shares, sources close to Glaverbel and Asahi said.
At its meeting of Thursday, March 28, 2002, the Board of Directors of Saint-Gobain reviewed theGroup's consolidated financial statements for 2001.
Rohm and Haas Company is investing approximately US $20 million to build a facility in Mumbai, India.
The European Bank for Reconstruction and Development will provide a dlrs 12 million loan to modernize Ukraine's oldest and biggest glass packing producer, bank officials said Tuesday in a statement.
Four Pilkington Plc joint ventures and Shanghai-listed Fuyao Glass Group Industries Co Ltd, China's largest auto glass manufacturer, said they will be affected by proposed US anti-dumping tariffs on replacement automobile windshield imports…
Japan's largest glass maker, Asahi Glass Co. Ltd, announced Friday it will launch a $415 million public tender next week for the 35 percent of Belgian glass maker Glaverbel SA it doesn't already own.
Japan's largest glass maker, Asahi Glass Co. Ltd, announced Friday it will launch a $415 million public tender next week for the 35 percent of Belgian glass maker Glaverbel SA it doesn't already own.
Guardian Industries Corp., a leading manufacturer of high performance coated glass for the commercial construction industry, announced the availability of three new coatings in its Sun-Guard(R) Series: Sun-Guard Pewter-30, Sun-Guard Platinum-23, and…
With its 1999 goal of sales expansion outside Europe, Saint-Gobain Technical Fabrics set up a fabric cutting unit in Mexico for grinding wheels, in November 2001.
Glaverbel SA said it expects a contraction in its net result during 2002 because of the economic slowdown and said it will cut its production capacity.
The Glaverbel Group closed its financial year 2001 with record performances, confirming the correctness of the strategy which the Group has followed for the past 10 years, namely profitable growth through geographical diversification and increased…
Glaverbel SA shares closed slightly firmer in heavy trade, amidst speculation that funds are trying to block Asahi Glass Co Ltd's buyout bid, brokers said.
Resolution Performance Products LLC and RPP Capital Corporation (together, the "Issuers") announce that they have extended the time and date of the expiration for their offer to exchange all of their outstanding $75,000,000 aggregate…
Auto-glass maker Asahi India Safety Glass has increased its stake to nearly 80 per cent in its subsidiary Float Glass India, through a recent open offer and said it might merge the ailing company with itself.
Shareholders holding about 12% of Belgian glassmaker Glaverbel have banded together to oppose a takeover bid from Asahi Glass for the 35% of Glaverbel not owned by Japan's largest glass company.
PPG, a glass, paint and chemicals company, reported a 34 percent drop in fourth quarter profits Thursday due to sluggish glass and coating sales.
Over the last three trading days, the Glaverbel share price has increased to over 145 euro per share, with abnormally high trading volumes.