Shareholding in Shanghai Yaohua Pilkington

Pilkington has doubled its shareholding in Shanghai Yaohua Pilkington from 8.35% to 16.7% at a cost of $6m (£3.6m). Shanghai Yaohua already operates two Pilkington-designed float plants in Shanghai. The deal is part of a move to build up the UK glass company’s presence in China and south-east Asia.