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The investors wrote to the Australian Stock Exchange (ASX) on Wednesday, saying that the proposed $8.75 billion acquisition ...
The ASX waiver given to James Hardie for its $14 billion deal has hamstrung investors, who have stripped $5 billion but can’t ...
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James Hardie Agrees to Buy AZEK for $8.75 BillionBuilding 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 ...
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 ...
Long-term James Hardie investors say the Azek deal is value destructive and were disappointed by discussions with the company ...
James Hardie shares have lost $3bn and counting since it announced its “friendly” purchase of US rival Azek almost three ...
Australia's James Hardie Industries is acquiring AZEK in a $8.75 billion cash-and-stock deal that will combine the two outdoor building materials firms. AZEK investors will receive total ...
The Australian Securities Exchange is clinging to its obligations of confidentiality to justify its secrecy in allowing ...
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 ...
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 ...
Building materials company James Hardie Industries JHX-2.24%decrease; red down pointing triangle has agreed to buy AZEK AZEK-1.25%decrease; red down pointing triangle, a maker of home decking ...
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