News

The investors wrote to the Australian Stock Exchange (ASX) on Wednesday, saying that the proposed $8.75 billion acquisition ...
Long-term James Hardie investors say the Azek deal is value destructive and were disappointed by discussions with the company ...
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).
Twenty-one major Australian money managers are demanding local shareholders get a say on whether the building materials giant ...
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 ...
Combined Company’s Compelling Value Proposition, Increased Scale, Significant Runway for Enhanced Financial Growth and Two Major Global Listings Unlocks Potential for Valuation Uplift Companies ...
Australia’s top fund managers and superannuation funds have joined together in an unprecedented move to protest at the ...
The Australian Securities Exchange is clinging to its obligations of confidentiality to justify its ­secrecy in allowing ...
Some of the investors who have written to the ASX are shareholders in both James Hardie and AZEK. Reuters has reviewed a copy of the letter. James Hardie's plans to shift its primary listing to ...
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 ...