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European regulators cleared Japan's Nippon Sheet Glass Co. yesterday to buy the 80 percent of Pilkington PLC of Britain that it does not own.
The European Commission said it has cleared the proposed acquisition by Japan's Nippon Sheet Glass Co (NSG) of UK peer Pilkington.
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,…
Holders of Pilkington's only outstanding bond have accepted Nippon Sheet Glass (NSG)'s offer to buy it back, the British glassmaker said on Thursday.
Pilkington, the global manufacturer of glass and glazing products, has awarded online learning provider, SkillSoft , a three-year contract worth nearly £380,000 to supply management, business, health & safety, IT and desktop-skills training to…
Nippon Sheet Glass Co. (NSG), the world's sixth-largest glass maker, will move alongside front-runner Asahi Glass Co., in terms of sales, after the 616 billion yen acquisition of third-ranked British glass maker Pilkington PLC, by the end of…
Russia announced that it would return to Germany six 14th-century stained glass windows taken from a church by the Red Army during World War II, AFP reported.
The UK's largest supplier of emergency glazing and household repairs yesterday boosted its business with a £6.5m deal.
Customers in Scotland and the North East of England stand to benefit from £2.8million investment at Pilkington Cumbernauld.
Yahoo Asia reported that credit default swaps on Pilkington were volatile on Thursday amid speculation the British glassmaker's imminent takeover may prompt corporate action that cuts the value of its default protection.
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.
ThetStreet.com reported that the big maker of liquid crystal display, or LCD, glass plans to unveil a new, purer glass for use in computer monitors and flat-panel TVs.
Azobuild.com reported that the new Part F of the Building Regulations for Northern Ireland will come into effect in June 2006.
Emirates Glass, a Dubai Investments subsidiary and leading supplier of premium architectural glass products, has won major orders to supply a total of 50,000 square meters of its EmiCool range to two prestigious projects in Dubai.
Nippon Sheet Glass Co. said the potential benefits of its planned 616 billion yen acquisition of Britain's Pilkington Plc far outweigh the risks.
Union leaders are considering legal action against Pilkington, claiming the company failed to consult with its workers before agreeing to a £2.2bn takeover by Nippon Sheet Glass.
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.
The contribution to business success in the shape of technology comes in many forms. For Pilkington it came with the help of a washing up bowl.Alastair Pilkington, then technical director of the "family" business, conceived the idea of…
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).
International trade fair for window and facade fensterbau/frontale 2006, which takes place together with Holz-Handwerk in the Exhibition Centre Nuremberg from 22-25 March 2006, has two premières to offer this year.The first one is expert discussion…
EMAP Maclaren, organiser of Glassex, has announced advanced sales for the 2006 event are well ahead of the previous event year-on-year.
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.