James Hardie to Acquire AZEK for $8.75 Billion
Fibre-cement maker James Hardie Industries has agreed to acquire US-based outdoor building products company AZEK in a cash and stock deal worth $8.75 billion, including debt. The acquisition is aimed at boosting growth with new offerings to homeowners. Under the deal, AZEK shareholders will receive $26.45 in cash and 1.034 James Hardie shares for each … Read more