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The European Commission on Wednesday cleared French glass firm Compagnie de Saint-Gobain SA's hostile 3.68 billion British pound (euro5.45 billion; US$6.4 billion) bid for British plasterboard maker BPB PLC.
Saint Gobain's (12500.FR) remarks in response to BPB (BPB.LN) defense document contain nothing new as expected, says analyst.
BPB is shoring up its defences to fend off a £3.6bn cash bid from French glassmaker Saint-Gobain in what promises to be one of the London Stock Exchange's biggest hostile takeover battles for years.
Vortex technology produces an extremely permeable centerless grinding wheel with an improved porous structure and superior abrasive grain spacing by combining a new engineered abrasive grain and an innovative manufacturing process.
BPB, the world's leading plasterboard business, is on full alert for an offer of more than £3.5bn for the company from Saint-Gobain, its French rival.
BPB PLC's institutional investors have demanded the group not be sold for less than 800 pence a share, valuing the group at more than 4 bln stg, the Sunday Telegraph reported.
On June 30, 2005, Saint-Gobain Oberland, a German subsidiary of the Saint-Gobain Group, signed an agreement for the sale of its glass blocks business to the Italian group Seves.
A new product brochure and technical data sheet for Pilkingtons fire-resistant glasses are now available.
Saint-Gobain SA said its Scandinavian subsidiary, Saint-Gobain Nordic, has bought Optimera Gruppen AS of Norway, a distributor of building materials that has a commercial network of 95 brands in Norway and Sweden.
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.
In view of the strong growth trends in Latin American markets, Saint-Gobain's Flat Glass Sector (Saint-Gobain Vitrage) has decided to expand its presence in the region with the construction of a new float glass production line in Mexico.
In view of the strong growth trends in Latin American markets, Saint-Gobain's Flat Glass Sector (Saint-Gobain Vitrage) has decided to expand its presence in the region with the construction of a new float glass production line in Mexico.
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.
The award was made at a recent supplier conference held by Honda UK Manufacturing and presented to Pilkington's Charles Mason.
SGG COOL-LITE ST has had a great deal of success on the solar control market. Our sales of COOL-LITE that can be toughened already represent 22% of all SGG COOL-LITE sold.
Pilkington PLC, the world's biggest maker of car windshields, whose North American headquarters are in Toledo, will pay $2 million to settle a lawsuit accusing it of contaminating an Illinois town's water supply five months after a jury…
Wire Glass Must Be Removed from all educational facilities which include all K-12 construction. Also athletic facilities which cover gymnasiums, basketball courts, and racquetball courts - and may extend to rooms used for kickboxing and aerobics…
Local and state fire marshals Wednesday continued efforts to determine how a fire started in a large pile of construction debris at the former Anchor Glass mill site in Dayville.A smoky fire broke out shortly after 8:15 p.m.
Air Liquide is pleased to announce that it has signed a 15-year contract with Saint-Gobain, a leader in the glass industry, for their new float-glass manufacturing site of Calarasi, 100 km south-east of Bucarest in Romania.
Consolidated sales for the Saint-Gobain Group in the first quarter of 2005, calculated in accordance with International Financial Reporting Standards (IFRS), came in at 7,633 million, compared with 7,261 million for the same period in 2004 (…
At least two dozen Shreveport police and fire units responded to a two-alarm blaze at Libbey Glass on Saturday night.
Glaverbel has decided to invest in a new production unit in Seneffe (Belgium), to be built next to the old unit which it will eventually replace.
Saint-Gobain's Flat Glass Sector (Saint-Gobain Vitrage) has decided to expand into the booming glass market for flat TV panels, through the production of glass for PDP (Plasma Display Panel).
In accordance with its established policy, Pilkington issued the following trading up-date ahead of the announcement of its results for the period to 31 March 2005, scheduled for Thursday, 26 May 2005.
In accordance with agreements finalized on April 6, 2005, Saint-Gobain has increased its share of voting rights in Hankuk Glass Industries (HGI) from 46% to 80.47%, and thus gained control of HGI.