I should have bought Pilkington shares! That was my first reaction on hearing the news about the takeover talks with NSG.

After regretting this missed opportunity, I’ve pondered much longer on the prospect of a takeover and what a disappointment it will be. I suppose it’s a ‘pride’ thing. But it seems to be Open Season on UK companies right now and perhaps we are too open as a nation.

Of course, it might not happen, and if it does there will be little disruption and few casualties. Given the size of the two businesses, NSG might adopt the Pilks brand. They’ll certainly feel like they’ve been taken over.

On behalf of the Glass Age team I’d like to wish you a Merry Christmas and a healthy and prosperous 2006.

Source

Glass Age