Pilkington Not In Bid Talks With Nippon Sheet Glass

LONDON (Reuters) - Shares in Pilkington slipped from session highs on Tuesday as a source close to the glassmaker said it was not in takeover talks with Japan's Nippon Sheet Glass, quashing market rumours of a bid. "There is really nothing going on," the source said. The Japanese firm has often been mooted as a possible buyer for Pilkington as it owns a stake in the UK firm. Pilkington (PILK.L: Quote, Profile, Research) shares were up 3.9 percent at 132 pence by 10:35 a.m., falling from a session high of 134-1/2p. A spokesman for Pilkington declined to comment.