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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).
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.
Solutia Inc., a leading manufacturer and provider of interlayers for laminated glass, aftermarket window films, specialty chemicals and an integrated family of nylon products, today announced it has hired Kent Davies as senior vice president of…
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.
Pilkington +4.6% at 154.75p amid press speculation that talks between the company and its rebuffed suitor Nippon Sheet Glass (5202.
Bold use of color dominated the entries in this years seventh annual 2005 Solutia International Design Awards, which honor excellence in designing with laminated glass.
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.
On May 20th 2005, the Board of Directors of Sekisui Chemical in Osaka approved plans for the construction of a new plant in the Netherlands to produce the raw material for interlayer film.
PAV. 14/1STAND C01, C19-E04For.El.s proud association with Muranos The Wings of Venice Le Ali di Venezia continues at Vitrum with a fantastic display from the glassmaking masters.
Specialty Chemical industry news provided by Financial News USA (OTC: FNWU) DuPont (NYSE: DD) Glass Laminating Solutions recently announced a global price increase of 10 percent for all grades of DuPont(TM) Butacite® polyvinyl butyral interlayer and…
Solutia Inc. (OTC Bulletin Board: SOLUQ), the world's leading supplier of polyvinyl buytral (PVB) films for automotive, architectural and specialty laminated glazing applications, announced it will increase the price of its Saflex(R) and…
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…
In one of the world's most exclusive shopping meccas, the new Geox showroom on Via Montenapoleone in Milan is striking for its mix of classy elegance and trendy flair.
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…