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The investors wrote to the Australian Stock Exchange (ASX) on Wednesday, saying that the proposed $8.75 billion acquisition ...
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).
Investor anger over the James Hardie deal is being compared to 1993’s investor rebellion against Murdoch’s plans for “super ...
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 ...
AZEK) and James Hardie Industries plc (NYSE:JHX). Shares of the former skyrocketed, rising 11.7% as of this writing, while shares of the latter dropped 19.4%. This came in response to news that ...
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 ...
Twenty-one major Australian money managers are demanding local shareholders get a say on whether the building materials giant ...
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 ...
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 ...
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