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James Hardie Agrees to Buy AZEK for $8.75 Billion“We are uniting two highly complementary companies,” said James Hardie Chief Executive Aaron Erter. The combined business will make products including siding, exterior trim, decking, railing ...
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 ...
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Another massive deal in the building supply sector, James Hardie offers AZEK $8.75 billionAZEK 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 ...
CHICAGO, Feb. 25, 2025 /PRNewswire/ -- James Hardie Building Products Inc. (James Hardie), a subsidiary of James Hardie Industries plc (ASX: JHX; NYSE: JHX) and the #1 brand of siding in North ...
James Hardie (JHX -19%), an Australian-based supplier of fiber cement ... but the goal is to bring together highly complementary products that span siding, exterior trim, decking, railing and pergolas ...
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 ... products that span siding, exterior trim, decking ...
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