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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 ...
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.
Highlights,James Hardie shares have retraced sharply amid trade concerns and a major US acquisition,The company announced plans to acquire Azek, a US manufacturer of decking and exterior ...
James Hardie shares have lost $3bn and counting since it announced its “friendly” purchase of US rival Azek almost three weeks ago, at a 37 per cent premium to the target’s pre-offer price.
Second, many investors appear less than pleased with James Hardie's acquisition of US decking and exterior building products manufacturer Azek. That acquisition was announced on 24 March.