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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.
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.
GlassTech Asia 2005, which opened on 30 November at Challenger Hall 3 of IMPACT, has on first show day generated orders totaling US$6 million (250 million baht) from both Thai and international buyers.
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.
Bassra Machine Tools Ltd (BMT) has been known for leading the way in manufacturing insulated glass production machinery in UK from more than 20 years.
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…
A new product brochure and technical data sheet for Pilkingtons fire-resistant glasses are now available.
Analysts at Goldman Sachs reiterate their "underperform" rating on Pilkington, while reducing their estimates for the company.In a research note published this morning, the analysts mention that the company reported a 2% y/y decline in its…
BOC has secured a 15-year, multi-million pound contract with international glass manufacturer Pilkington for the continued supply of nitrogen and hydrogen to the company's main UK manufacturing facility at St Helens, Merseyside.
Shanghai Yaohua Pilkington Glass Co Ltd will set up a 50-50 joint venture with Pilkington Italia SpA, Shanghai Yaohua said.
Triggered by a strong demand from the buoyant infrastructure sector and booming real estate market, the stock prices of glass manufacturers are hitting the roof. Prices of all the 14 listed glass firms have been on the rise.
Pilkington Plc, the world's biggest windshield maker, plans to buy about 40 percent of China Glass Holdings' initial share offer, or a 9.9 percent stake, for up to HK$83 million.
Asean, of which Malaysia is one of the founding members, has concluded the free trade agreement in goods with China and the initial phase of the agreement is expected to be implemented by July 1 this year, said International Trade and Industry…
The Board of Pilkington plc is pleased to announce that Norman Lyle OBE has accepted its invitation to become a Non-Executive Director of the Company and will take up his appointment on 1st August 2005.
Operating profit including joint ventures and associates up from £213 million to £231 million Profit on ordinary activities before taxation, amortisation of goodwill and exceptional items up from £152 million to £180 million, equivalent to an…
Glass maker Pilkington posted a 26% rise in annual profits today after cost-cutting measures helped it combat tough trading conditions.
Asahi India Glass Ltd has posted a net profit of Rs209.59mn for the quarter ended March 31, 2005 as compared to Rs202.82mn for the quarter ended March 31, 2004.