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The investors wrote to the Australian Stock Exchange (ASX) on Wednesday, saying that the proposed $8.75 billion acquisition ...
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 ...
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 ...
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James Hardie To Acquire AZEK In $8.8B Deal, Stock Nosedives: Analysts Divided While Retail Sentiment Hits A NadirShares 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 ...
James Hardie Industries (JHX) and The AZEK Company (AZEK) announced entry into a definitive agreement under which James Hardie will acquire AZEK for a combination of cash and James Hardie shares ...
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 ...
The Australian Securities Exchange is clinging to its obligations of confidentiality to justify its secrecy in allowing ...
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 ...
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