News

The investors wrote to the Australian Stock Exchange (ASX) on Wednesday, saying that the proposed $8.75 billion acquisition ...
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 $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 ...
Twenty-one major Australian money managers are demanding local shareholders get a say on whether the building materials giant ...
Long-term James Hardie investors say the Azek deal is value destructive and were disappointed by discussions with the company ...
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 ...
Picking on CSL as an example, much has been made of the extraordinary de-rate in CSL shares over the last five years as the ...
Australia’s top fund managers and superannuation funds have joined together in an unprecedented move to protest at the ...
The deal is a doubling down on the U.S. housing market for James Hardie, a top supplier of home sidings in North America, and combines a range of common products for home renovations under one ...
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 ...