April 22 (Reuters) - Flat Glass Industries Ltd (FGI) :
- Variation of takeover bid (FGI)
- MHG will not increase the offer price further
- Increased offer price is scheduled to close on 17 may 2016
- Says offer for all ordinary shares in Flat Glass Industries is declared free from defeating conditions
- Says all cash offer price is increased to $0.11 per share on best and final price deal