Nippon Sheet Glass would have to raise money much larger than its market cap to finance the deal, and if you think about that, what they are doing is reckless.
Pilkington has been in the glass business much longer than Nippon Sheet Glass, and they have pride as a British firm, and it would be very difficult for Nippon Sheet Glass to control it.
Pilkington has been in the glass business much longer than Nippon Sheet Glass and they have pride as a British firm, and it would be very difficult for Nippon Sheet Glass to control it.