News

The $8.75 billion AZEK acquisition raises debt concerns and is seen as overvalued; aggressive synergy targets may not materialize quickly. I recommend avoiding James Hardie shares until valuation ...
Shares of James Hardie Industries Plc. (JHX) fell by more than 17% on Monday after the company announced that it would acquire U.S.-based building products maker AZEK Company Inc. (AZEK).
The treasurer said he had asked for a clarification from the exchange as anger grows that the company can shift its listing ...
Building materials company James Hardie Industries has agreed to buy AZEK, a maker of home decking, railing and pergolas, in a cash-and-stock deal worth $8.75 billion. The deal is a doubling down ...
The investors wrote to the Australian Stock Exchange (ASX) on Wednesday, saying that the proposed $8.75 billion acquisition ...
Piotr Swat / SOPA Images / LightRocket via Getty Images Australia's James Hardie Industries is acquiring AZEK in a $8.75 billion cash-and-stock deal that will combine the two outdoor building ...
AZEK) and James Hardie Industries plc (NYSE:JHX). Shares of the former skyrocketed, rising 11.7% as of this writing, while shares of the latter dropped 19.4%. This came in response to news that ...
Under the terms of the Agreement, AZEK shareholders will receive $26.45 in cash and 1.0340 ordinary shares of James Hardie to be listed on the New York Stock Exchange (NYSE) for each share of AZEK ...
Another Massive Deal in the Building Supply Sector, James Hardie Offers AZEK $8.75 Billion Australian building products company James Hardie Industries is buying the U.S. outdoor products maker ...
Investor anger over the James Hardie deal is being compared to 1993’s investor rebellion against Murdoch’s plans for “super ...
James Hardie shares have lost $3bn and counting since it announced its “friendly” purchase of US rival Azek almost three weeks ago, at a 37 per cent premium to the target’s pre-offer price. The ...