News

The investors wrote to the Australian Stock Exchange (ASX) on Wednesday, saying that the proposed $8.75 billion acquisition ...
The Australian Securities Exchange is clinging to its obligations of confidentiality to justify its ­secrecy in allowing ...
It’s been two decades since James Hardie was the most hated company in Australia, known for its association with deadly ...
Long-term James Hardie investors say the Azek deal is value destructive and were disappointed by discussions with the company ...
Twenty-one major Australian money managers are demanding local shareholders get a say on whether the building materials giant ...
Fibre-cement maker James Hardie Industries said it will buy U.S. artificial decking maker AZEK for $8.75 billion, sending its shares tumbling amid analysts' concerns of overpaying for exposure to a ...
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 ...
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 ...
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 ...
After the asbestos scandal, building materials giant James Hardie is in hot water again, this time with shareholders who have been frozen out of a controversial takeover of US rival Azek.
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 ...
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 ...