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James Hardie to Buy AZEK in $8.75 Billion Bet on US Housing(Bloomberg) -- Building materials company James Hardie Industries Plc agreed to buy AZEK Co., a provider of home decking and pergolas, in a $8.75 billion cash and stock deal that places a bigger ...
AZEK is based in Chicago. James Hardie shareholders will own about 74% of the combined company, with AZEK stockholders owning 26%. The combined company will sell siding, exterior trim, decking ...
The stock is down 37% over the last year. James Hardie Industries, a fiber-cement siding producer, said late Sunday that it agreed to buy Azek, a maker of composite decking, railing and pergolas ...
Shares in AZEK jumped after the maker of home decking, railings and pergolas agreed to be bought by James Hardie Industries in an $8.75 billion cash-and-stock deal. Shares in the buyer ...
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James Hardie tumbles on $14b US deal, ASX ekes out a marginal gain ahead the of budget — as it happenedJames Hardie shares tumbled after it announced it is buying US outdoor products manufacturer AZEK for $14 billion. The ASX eked out a marginal rise, supported by solid gains in financial stocks ...
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