Pilkington Up; Vague Bid Talk Resurfaces

Date: 18 January 2006
Source: Newratings.com

Date: 18 January 2006

Pilkington +4.6% at 154.75p amid press speculation that talks between the company and its rebuffed suitor Nippon Sheet Glass (5202.

TO) are back on, note traders. The new mooted price range is 165p to 170p notes analyst, "which is above the last rejected offer of 158p." Believes the range cited is plausible, and "wouldn't be surprised" if a deal were to happen at the higher end of that range. Neither Nippon nor Pilkington immediately available to comment.

600450 Pilkington Up; Vague Bid Talk Resurfaces 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.
British Glass releases policy position document outlining contributions and challenges of UK glass sector.
The Annual General Meeting of BV Glas (Bundesverband Glasindustrie) has elected Christian Quenett its President for the next two years.
Action is being taken by the UK government to empower its strategic energy intensive industries, including the glass manufacturing industry.
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.

Add new comment