The companies entered a definitive agreement under which James Hardie will acquire Azek for a combination of cash and shares, ...
Azek Co. Inc. has averaged more than 15 percent net sales growth over the last seven years. Azek’s growth has been led by ...
James Hardie shareholders will own about 74% of the combined company, with AZEK stockholders owning 26%. The combined company ...
Australian-listed James Hardie said it is buying the Azek Co. for $8.75 billion in cash, stock and assumed debt. That values each Azek share at $56.88, a 26% premium to its volume-weighted average ...
Construction materials manufacturer Azek (NYSE: AZEK ... knows this niche well as the maker of Hardie board fiber cement siding. On Monday, Hardie announced an agreement to acquire Azek for ...
That's a 37% premium for AZEK shareholders. The two companies operate in different categories, but the goal is to bring together highly complementary products that span siding, exterior trim, decking, ...
with AZEK stockholders owning 26%. The combined company will sell siding, exterior trim, decking, railing and pergolas, among other building goods. “The consumer journeys for siding and decking ...
Australian-listed James Hardie is buying The Azek Co. An $8.8 billion deal was ... "The consumer journeys for siding and decking often overlap and both companies have excelled at demand creation ...