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The European Commission on Wednesday cleared French glass firm Compagnie de Saint-Gobain SA's hostile 3.68 billion British pound (euro5.45 billion; US$6.4 billion) bid for British plasterboard maker BPB PLC.
Saint Gobain's (12500.FR) remarks in response to BPB (BPB.LN) defense document contain nothing new as expected, says analyst.
BPB is shoring up its defences to fend off a £3.6bn cash bid from French glassmaker Saint-Gobain in what promises to be one of the London Stock Exchange's biggest hostile takeover battles for years.
Vortex technology produces an extremely permeable centerless grinding wheel with an improved porous structure and superior abrasive grain spacing by combining a new engineered abrasive grain and an innovative manufacturing process.
BPB, the world's leading plasterboard business, is on full alert for an offer of more than £3.5bn for the company from Saint-Gobain, its French rival.
BPB PLC's institutional investors have demanded the group not be sold for less than 800 pence a share, valuing the group at more than 4 bln stg, the Sunday Telegraph reported.
Saint-Gobain SA said its Scandinavian subsidiary, Saint-Gobain Nordic, has bought Optimera Gruppen AS of Norway, a distributor of building materials that has a commercial network of 95 brands in Norway and Sweden.
In view of the strong growth trends in Latin American markets, Saint-Gobain's Flat Glass Sector (Saint-Gobain Vitrage) has decided to expand its presence in the region with the construction of a new float glass production line in Mexico.
In view of the strong growth trends in Latin American markets, Saint-Gobain's Flat Glass Sector (Saint-Gobain Vitrage) has decided to expand its presence in the region with the construction of a new float glass production line in Mexico.
SGG COOL-LITE ST has had a great deal of success on the solar control market. Our sales of COOL-LITE that can be toughened already represent 22% of all SGG COOL-LITE sold.
Air Liquide is pleased to announce that it has signed a 15-year contract with Saint-Gobain, a leader in the glass industry, for their new float-glass manufacturing site of Calarasi, 100 km south-east of Bucarest in Romania.
Consolidated sales for the Saint-Gobain Group in the first quarter of 2005, calculated in accordance with International Financial Reporting Standards (IFRS), came in at 7,633 million, compared with 7,261 million for the same period in 2004 (…
Saint-Gobain's Flat Glass Sector (Saint-Gobain Vitrage) has decided to expand into the booming glass market for flat TV panels, through the production of glass for PDP (Plasma Display Panel).
In accordance with agreements finalized on April 6, 2005, Saint-Gobain has increased its share of voting rights in Hankuk Glass Industries (HGI) from 46% to 80.47%, and thus gained control of HGI.
At the official opening of the UK's first magnetron coater, Saint-Gobain Glass UK announced the launch of SGG PLANITHERM TOTAL 1.3.
Experience partnerships a joint trade fair stand held by CLIMALIT® and SECURIT-Partner with SAINT- GOBAIN GLASS at glasstec 2004 From 9 to 13 November 2004 trade fair visitors will be able to experience the working-material glass and its versatile…
Roberto Caliari has been appointed Senior Vice-President in charge of the Ceramics & Plastics, Abrasives and Reinforcements Branches.
Saint-Gobain Group consolidated net income for the first half of 2003 amounted to EUR 470 million, a decrease of 5.6% on the same period of 2002.
Sterling Commerce today announced an agreement with Saint-Gobain Containers, Inc. to deploy a trio of Sterling Commerce value-added services to upgrade critical business transactions and remove manual processes between the glass container supplier…
VITRUM 2003 will be held in Milan fairgrounds from 25th to 28th June.As in 2001, VITRUM will take place in halls 14, 15 and 16 of the Portello pavilions, now the organizers tried and tested, which proved the ideal venue for such a demanding…
The largest conference in the global glass industry, Glass Processing Days (GPD), is just around the corner. GPD 2003 will take place on 1518, June 2003 in Tampere, Finland.
Earthquakes, which have proved to be the most destructive of natural hazards, destroy fragile buildings and civil infrastructures.
Francesco Davalli, CSM Tecnologies Sales Manager, in cooperation with YKC closed an important contract with Saint Gobain group to supply a full automated line for thier glass processing plant HPG in Korea.
French glassmaker Saint-Gobain SGOB.PA has no plans to follow the example of Swiss firm ABB by making a major payment to settle U.S. asbestos claims, a senior executive said on Thursday.
French business confidence slid in January amid resurgent uncertainty about the prospect of war in Iraq, snapping what had looked like a budding recovery in the last two months of 2002, a report published on Thursday showed.