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Nippon Electric Glass completes purchase of PPG's European glass-fiber business after regulatory approval

( October 3, 2016, 02:46 GMT | Official Statement) -- MLex Summary: Nippon Electric Glass has completed its purchase of PPG Industries’ glass-fiber operations in the UK and the Netherlands after obtaining approval from competition regulators. The Japanese company said in a statement today that it would expand its glass-fiber business by strengthening its global supply system.  Nippon Electric Glass, which said on June 20 that it had agreed to acquire these operations, is now examining the impact of the transaction on its earnings, according to the statement.The statements, in Japanese and English, are attached. ...

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