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Pilkington Optronics
Pilkington is a glass-manufacturing company which is based in Lathom, Lancashire, England. It includes several legal entities in the UK, and is a subsidiary of Japanese company Nippon Sheet Glass (NSG). It was formerly an independent company listed on the London Stock Exchange and a constituent of the FTSE 100 Index. Established in 1826 as the ''St Helens Crown Glass Company'', the company gradually grew to become the largest employer in St Helens, where it was originally based. It was renamed ''Pilkington Brothers'' in 1845 following the ending of the partnership with the Greenall family. The business continued to expand, becoming ''Pilkington Brothers Limited'' after its incorporation in 1894. In 1903, it became the sole British manufacturer of plate glass as well as the dominant producer of sheet glass. After the First World War, Pilkington was one of only two large glass manufacturers remaining in Britain, the other being Chance Brothers; the firm gradually expanded its st ...
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St Helens, Merseyside
St Helens () is a town in Merseyside, England, with a population of 117,308. It is the administrative centre of the Metropolitan Borough of St Helens which had a population of 183,200 at the United Kingdom Census 2021, 2021 Census. The town is north of the River Mersey, in the south-west part of Historic counties of England, historic Lancashire. The town was initially a small settlement within the historic county's ancient hundred (county division), ''hundred'' of West Derby (hundred), West Derby in the Township (England), township of Windle, St Helens, Windle but by the mid-1700s the town had developed into a larger urban area beyond the townships borders. By 1838 the council was formally made responsible for the administration of Windle and the three other townships of Eccleston, St Helens, Eccleston, Parr, St Helens, Parr and Sutton, St Helens, Sutton that were to form the town's traditional shape. In 1868 the town was incorporated as a municipal borough, then later became ...
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Laminated Safety Glass
Laminated glass is a type of safety glass consisting of two or more layers of glass with one or more thin polymer interlayers between them which prevent the glass from breaking into large sharp pieces. Breaking produces a characteristic "spider web" cracking pattern (radial and concentric cracks) when the impact is not enough to completely pierce the glass. Laminated glass is used for architecture, glazing, automobile safety, photovoltaic, UV protection, and artistic expression. The most common use of laminated glass is automobile windshields and skylight glazing. In geographical areas requiring hurricane-resistant construction, laminated glass is often used in exterior storefronts, curtain walls, and windows. Laminated glass is also used to increase the sound insulation rating of a window, because it significantly improves sound attenuation compared to monolithic glass panes of the same thickness. The interlayer is typically of polyvinyl butyral (PVB), ethylene-vinyl ...
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British Empire
The British Empire comprised the dominions, Crown colony, colonies, protectorates, League of Nations mandate, mandates, and other Dependent territory, territories ruled or administered by the United Kingdom and its predecessor states. It began with the English overseas possessions, overseas possessions and trading posts established by Kingdom of England, England in the late 16th and early 17th centuries, and colonisation attempts by Kingdom of Scotland, Scotland during the 17th century. At its height in the 19th and early 20th centuries, it became the List of largest empires, largest empire in history and, for a century, was the foremost global power. By 1913, the British Empire held sway over 412 million people, of the world population at the time, and by 1920, it covered , of the Earth's total land area. As a result, Westminster system, its constitutional, Common law, legal, English language, linguistic, and Culture of the United Kingdom, cultural legacy is widespread. ...
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Belgium
Belgium, officially the Kingdom of Belgium, is a country in Northwestern Europe. Situated in a coastal lowland region known as the Low Countries, it is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to the south, and the North Sea to the west. Belgium covers an area of and has a population of more than 11.8 million; its population density of ranks List of countries and dependencies by population density, 22nd in the world and Area and population of European countries, sixth in Europe. The capital and Metropolitan areas in Belgium, largest metropolitan region is City of Brussels, Brussels; other major cities are Antwerp, Ghent, Charleroi, Liège, Bruges, Namur, and Leuven. Belgium is a parliamentary system, parliamentary constitutional monarchy with a complex Federation, federal system structured on regional and linguistic grounds. The country is divided into three highly autonomous Communities, regions and language areas o ...
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Companies Act 1862
The Companies Act 1862 ( 25 & 26 Vict. c. 89) was an act of the Parliament of the United Kingdom regulating UK company law, whose descendant is the Companies Act 2006. Provisions *s 6 'Any seven or more persons associated for any lawful purpose may, by subscribing their names to a memorandum of association, and otherwise complying with the requisitions of this Act in respect of registration, form an incorporated company, with or without limited liability.' *s 8 'Where a company is formed on the principle of having the liability of its members limited to the amount unpaid on their shares, hereinafter referred to as a company limited by shares, the Memorandum of Association shall contain the following things' the third of which was 'objects for which the proposed company is to be established.' *s 11 'The memorandum of association... shall, when registered, bind the company and the members thereof to the same extent as if each member had subscribed his name and affixed his seal the ...
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Pilkington
Pilkington is a glass-manufacturing company which is based in Lathom, Lancashire, England. It includes several legal entities in the UK, and is a subsidiary of Japanese company Nippon Sheet Glass (NSG). It was formerly an independent company listed on the London Stock Exchange and a constituent of the FTSE 100 Index. Established in 1826 as the ''St Helens Crown Glass Company'', the company gradually grew to become the largest employer in St Helens, where it was originally based. It was renamed ''Pilkington Brothers'' in 1845 following the ending of the partnership with the Greenall family. The business continued to expand, becoming ''Pilkington Brothers Limited'' after its incorporation in 1894. In 1903, it became the sole British manufacturer of plate glass as well as the dominant producer of sheet glass. After the First World War, Pilkington was one of only two large glass manufacturers remaining in Britain, the other being Chance Brothers; the firm gradually expanded ...
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Consent Decree
A consent decree is an agreement or settlement that resolves a dispute between two parties without admission of guilt (in a criminal case) or liability (in a civil case). Most often it is such a type of settlement in the United States. The plaintiff and the defendant ask the court to enter into their agreement, and the court maintains supervision over the implementation of the decree in monetary exchanges or restructured interactions between parties. It is similar to and sometimes referred to as an antitrust decree, stipulated judgment, or consent judgment. Consent decrees are frequently used by federal courts to ensure that businesses and industries adhere to regulatory laws in areas such as antitrust law, employment discrimination, and environmental regulation. Legal process The process of introducing a consent decree begins with negotiation. One of three things happens: a lawsuit is filed and the parties concerned reach an agreement prior to adjudication of the cont ...
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Cartel
A cartel is a group of independent market participants who collaborate with each other as well as agreeing not to compete with each other in order to improve their profits and dominate the market. A cartel is an organization formed by producers to limit competition and increase prices by creating artificial shortages through low production quotas, stockpiling, and marketing quotas. Jurisdictions frequently consider cartelization to be anti-competitive behavior, leading them to outlaw cartel practices. Cartels are inherently unstable due to the temptation by members of the cartel to cheat and defect on each other by improving their individual profits, which may lead to falling prices for all members. The doctrine in economics that analyzes cartels is cartel theory. Cartels are distinguished from other forms of collusion or anti-competitive organization such as corporate mergers. Advancements in technology or the emergence of substitutes can undermine cartel pricing power, leadi ...
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BTR Industries
BTR plc was a British multinational industrial conglomerate company. It was headquartered in London, England. The company was originally founded in 1924 as the British Goodrich Rubber Co. Ltd as a subsidiary of the American rubber specialist B.F.Goodrich Company. Ten years later, it became the British Tyre & Rubber Co. Ltd after Goodrich sold its stake in the business; it moved into synthetic rubber and plastics during the 1940s and withdrew from tyre production in 1956, adopting the name BTR Ltd around the same timeframe. Management pursued a strategy of diversification and rationalisation that lasted into the mid 1960s. During late 1966, BTR came under the control of a new central management team, which Sir Owen Green took the lead of in the following year. Green pursued a strategy of targeted growth towards opportunities that quickly would become lucrative. New subsidiaries would be created and numerous acquisitions would be undertaken by Green and later by Alan Jackson. ...
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Hostile Takeover
In business, a takeover is the purchase of one company (law), company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are publicly listed, in contrast to the mergers and acquisitions, acquisition of a private company. Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip. Financing a takeover often involves loans or bond issues which may include junk bonds as well as a simple cash offer. It can also include shares in the new company. Takeover types Friendly takeover A ''friendly takeover'' is an acquisition which is approved by the management of the target company. Before a bidder makes an tender offer, offer for another company, it usually first informs the company's board of directors. In a private company, because the shareholders and the board are ...
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