Building materials company James Hardie Industries has agreed to buy AZEK, a maker of home decking, railing and pergolas.

Long-term James Hardie investors say the Azek deal is value destructive and were disappointed by discussions with the company ...

The ASX waiver given to James Hardie for its $14 billion deal has hamstrung investors, who have stripped $5 billion but can’t ...

The companies entered a definitive agreement under which James Hardie will acquire Azek for a combination of cash and shares, a total transaction value of $8.75 billion, including Azek's net debt of ...

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 ...

James Hardie Industries Plc Chief Executive Officer Aaron Erter defended the company’s $8.75 billion acquisition of ...

Azek Co. Inc. has averaged more than 15 percent net sales growth over the last seven years. Azek’s growth has been led by consumers choosing to convert wood decking and other products to ...

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 ...

Azek will be acquired by James Hardie Industries. The stock is below the published takeover price, but investors should note that the price is tied to Hardie's share price and is going to be volatile.

Based on James Hardie's last closing price, this represents US$56.88 per share and a 26% premium to AZEK's 30-day average trading price. Upon completion, James Hardie shareholders will own around 74% ...

The deal, which is valued at $8.75 billion, will provide a comprehensive range of product offerings for home exteriors ...

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 ...