Australian building products company James Hardie Industries is buying the U.S. outdoor products maker AZEK in a cash-and-stock deal valued at approximately $8.75 billion, including $386 million ...

Australia-based building materials manufacturer and marketer James Hardie reached a deal to acquire AZEK valued at $8.75 billion, including AZEK’s net debt of approximately $386 million. Based in ...

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.