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James Hardie Industries Plc Chief Executive Officer Aaron Erter defended the company’s $8.75 billion acquisition of home-decking provider AZEK Co. as the deal triggered a stock slump amid uncertainty ...
UFP expands its Deckorators options and Azek makes strides in fire-resistant decking while Oldcastle and Envision focus on ...
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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 will sell siding, exterior trim, decking, railing and pergolas, among ...
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 ...
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