London-based The Independent reported last Thursday that Pilkington stock rose from 4.5p to 114p, stirring rumors of a financial takeover. The newspaper correlated the interest and sale of more than 12.6 million shares of Pilkington stock to the flurry of interest in Aggregate Industries, a building material company upon which purchase offers were recently made to by a Swiss firm. Japan's Nippon Sheet Glass is viewed as the most likely buyer of Pilkington, already owning 19 percent of the company, according to the newspaper. To read the full article, visit http://news.independent.co.uk/business/analysis_and_features/story.jsp?story=600283 . |
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