The companies entered a definitive agreement under which James Hardie will acquire Azek for a combination of cash and shares, ...
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Another massive deal in the building supply sector, James Hardie offers AZEK $8.75 billionJames Hardie shareholders will own about 74% of the combined company, with AZEK stockholders owning 26%. The combined company ...
Its brands include TimberTech decking and railing, and Versatex and Azek trim. Although the U.S. construction market has been in a sustained slump since the housing crisis of 2007, Azek has ...
This would result in the Australian firm owning around 74 percent of AZEK, with the remaining 26 percent to be owned by minority shareholders. “The consumer journeys for siding and decking often ...
Truist keeps a Buy rating and $45 price target on James Hardie (JHX) after the company announced it will buy composite decking producer AZEK (AZEK) for $8.75B. The deal combines two secular growth ...
The deal, which is valued at $8.75 billion, will provide a comprehensive range of product offerings for home exteriors ...
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 ...
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