News Source Speculates Pilkington Takeover

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.

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