Nippon Sheet Glass acquisition of Pilkington cleared by EU

Date: 9 June 2006

The European Commission said it has cleared the proposed acquisition by Japan's Nippon Sheet Glass Co (NSG) of UK peer Pilkington.

The commission said the transaction would not significantly impede effective competition in the European Economic Area (EEA).

The EU executive said the acquisition would not lead to a structural change on European float glass markets, given the different geographical focus of the groups.

NSG is predominantly active in Japan and Asia, while Pilkington is predominantly active in Europe and the US, it said.

Read the entire news on the source link below.

600450 Nippon Sheet Glass acquisition of Pilkington cleared by EU glassonweb.com

See more news about:

Others also read

Pilkington Nederland BV has recently taken a significant step forward in quality assurance by incorporating the Sparklike Laser Portable™ into their production process.
The Annual General Meeting of BV Glas (Bundesverband Glasindustrie) has elected Christian Quenett its President for the next two years.
FGC Group is expanding its presence in the glass market by acquiring Pilkington Glass Russia, STiS Group, and other assets of the NSG Group in Russia.
Rob Ireson our Innovation and Partnerships Manager was chosen as the winner of this prestigious award designed to encourage and recognise excellent work in glass research.
NGA is pleased to announce its 2022 year-long event sponsors: Dow, Eastman Chemical, Guardian Glass, Kuraray, Mappi, Pilkington, Tristar, and Vitro Architectural Glass.

Add new comment