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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.
Dresdner Kleinwort Wasserstein ups Pilkington (PILK.LN) to hold from sell, raises target price to 163p from 140p due to ongoing takeover discussions and following a sector re-rating.
Pilkington (PILK.LN) could come under pressure from Asahi Glass's (5201.TO) reduction in '05 operating income for its glass division, traders say.
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.
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.
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…
Two novel new machines from partners CADRAM and R&R Sondermaschinen are providing the first automated solutions for applying decoration to window glass, using either lead or bevel-effect 3M Accentrim tape.
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.
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.
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.
Researchers from the United Kingdom, France and the DUBBLE beamline at the European Synchrotron Radiation Facility (ESRF) have made a step forward in research on glass.
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.