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Nippon Sheet Glass Co. said the potential benefits of its planned 616 billion yen acquisition of Britain's Pilkington Plc far outweigh the risks.
Union leaders are considering legal action against Pilkington, claiming the company failed to consult with its workers before agreeing to a £2.2bn takeover by Nippon Sheet Glass.
Staff at Swansea's Pilkington Glass have been reassured that their jobs are not at risk. The UK glass king, based in St Helens, Lancashire, is the latest in a string of British companies to be sold to foreign investors.
The contribution to business success in the shape of technology comes in many forms. For Pilkington it came with the help of a washing up bowl.Alastair Pilkington, then technical director of the "family" business, conceived the idea of…
Nippon Sheet Glass Co. announced Monday it agreed to acquire 80 percent of British glassmaker Pilkington plc in a strategy to expand its global production capacity.
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.
Pilkington (PILK.LN) could come under pressure from Asahi Glass's (5201.TO) reduction in '05 operating income for its glass division, traders say.
Grand Canyon West, a destination owned and operated by the Hualapai Tribe at the Grand Canyon's western rim, announces new features planned for The Skywalk, which will push the project's completion date to later this year.
Meltdown Glass Art & Design of Chandler, Arizona, has aligned itself with a Strategic Partner, SAFTI FIRST to provide Fire Resistive Kiln Cast Art glass.
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.
SAFTI FIRST Fire Rated Glazing Solutions recently presented over 50 awards at their Annual Safety Awards Luncheon to internal personnel who achieved perfect safety records over the past year.Over 99% of the employees qualified to participate by…
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.
Pellini SpA has won the contract for the supply of blinds for the new exhibition centre, designed by Massimiliano Fuksas.
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…