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In the Pall Mall boardroom of Pilkington, the glassmaker Nippon Sheet Glass has just bought for £2.2bn ($3.9bn), Yozo Izuhara, the man who drove the protracted deal to its conclusion, admits to a moment of indecision during the tense negotiations.
Pilkington and NSG issued a statement on 16 June confirming that the acquisition of Pilkington by NSG has been completed and that Pilkington is now a member of the NSG Group.
Nippon Sheet Glass Co said it has completed its acquisition of UK glass maker Pilkington PLC. A Nippon Sheet Glass statement says the acquisition means its group will have the largest share of the sheet glass market, with sales of about 760 bln yen…
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 Co. is moving to global prominence on the strength of Japanese automakers, its biggest customer base. The world's sixth-largest maker of sheet glass is scheduled to complete the purchase of Britain's Pilkington Plc,…
Pilkington shareholders will vote in April on a formal offer by Nippon Sheet Glass (NSG) for the remaining 80 per cent of the shares in Pilkington they do not currently own.
Nippon Sheet Glass Co. said the potential benefits of its planned 616 billion yen acquisition of Britain's Pilkington Plc far outweigh the risks.
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.
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.
Nippon Sheet Glass Co. Ltd., creator of the Selfoc lens and a supplier of gradient index lenses, has partnered with Optical Zonu, a Van Nuys, Calif., manufacturer of fiber interface modules.
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.
Sahely Mukerji has proven herself a veteran journalist twice over, first in India and then in the United States," says Nicole Harris, publisher of the National Glass Association's publications Glass Magazine, AutoGlass and Window &…
The National Glass Association (NGA) announced recently the release of its updated Certified Glass Installer Program.
Moody's Investors Service has changed the outlook of the Baa2 senior unsecured long-term debt ratings of Nippon Sheet Glass Co., Ltd.'s (NSG)to stable from positive.
Japan's Nippon Sheet Glass doubled its Pilkington stake to around 20 percent, in a move to expand its global reach.Pilkington Chief Executive Paolo Scaroni said he felt NSG would not raise its stake beyond that level.
British glassmaker Pilkington Plc's chief executive Paolo Scaroni said that he did not think Japanese glassmaker Nippon Sheet Glass Co Ltd would raise its stake in the company.
Nippon Sheet Glass, a large Japanese manufacturer, has increased its holding in Pilkington, the UK glass group, from 10 to 21 per cent over the past fortnight, but has ruled out mounting a full bid.