EU OKs Nippon Sheet Glass' acquisition of Pilkington

The European Commission said Wednesday it has approved Nippon Sheet Glass Co.'s acquisition of British glass maker Pilkington PLC, concluding that the deal will "not significantly impede effective competition" in Europe.

Nippon Sheet Glass'proposed acquisition "would not lead to a structural change on the European float glass markets" because the Japanese company is active in Japan and Asia while Pilkington is predominantly active in Europe and the United States, the executive body of the European Union said.Read the entire news on the source link below.The European Commission said Wednesday it has approved Nippon Sheet Glass Co.'s acquisition of British glass maker Pilkington PLC, concluding that the deal will "not significantly impede effective competition" in Europe.

Nippon Sheet Glass'proposed acquisition "would not lead to a structural change on the European float glass markets" because the Japanese company is active in Japan and Asia while Pilkington is predominantly active in Europe and the United States, the executive body of the European Union said.

Read the entire news on the source link below.

600450 EU OKs Nippon Sheet Glass' acquisition of Pilkington glassonweb.com
Date: 8 June 2006
Source: Mdn.mainichi-msn.co.jp

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