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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.
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 shares closed slightly firmer in heavy trade, amidst speculation that funds are trying to block Asahi Glass Co Ltd's buyout bid, brokers said.
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.
Over the last three trading days, the Glaverbel share price has increased to over 145 euro per share, with abnormally high trading volumes.
The Board of Directors of Glaverbel S.A. met on Tuesday 8 January 2002 to formulate the opinion that it must give to the Banking and Finance Commission, concerning the public tender offer announced on 19 December by Asahi Glass for the Glaverbel S.
On the occasion of the 150th anniversary of the birth of the company founder Otto Schott (1851 – 1935) the international technology concern Schott (headquartered in Mainz) organized a scientific colloquium at the Friedrich Schiller University in…
Asahi Glass Co Ltd president Shinya Ishizu said he expects a "huge" increase in profitability from the reorganisation of its worldwide glass operations including the planned buyout of its Glaverbel SA unit.
Pilkington has announced that it is to close one of it three automotive glass production lines at its Eccleston plant in St.
Consolidated sales for Groupe Lapeyre amounted to Ï1,084.1 million at September 30, 2001, an increase of 15.3% compared with the first nine months of 2000.
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.