James Hardie Investors Voice Concerns Over Azek Deal Valuation
James Hardie, a wall cladding and plasterboard group, has announced its plan to acquire outdoor decking and railings company Azek in a $14 billion cash and scrip deal. The move is expected to boost growth, according to CEO Aaron Erter. However, investors are expressing concerns that the deal is overvalued. Following the announcement, James Hardie’s … Read more