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(Reuters) -Fibre-cement maker James Hardie Industries said on Monday it will acquire outdoor products manufacturer AZEK Company in a cash and stock transaction valued at $8.75 billion, in what could potentially be Australia's largest deal to date in 2025.
Under the deal, AZEK shareholders are set to receive $26.45 in cash and 1.0340 ordinary shares of James Hardie to be listed on the New York Stock Exchange for each AZEK share, bringing the total per share value to $56.88 per share, representin...
>>> Read more: Australia's James Hardie to acquire US-based AZEK in $8.8 billion deal
Under the deal, AZEK shareholders are set to receive $26.45 in cash and 1.0340 ordinary shares of James Hardie to be listed on the New York Stock Exchange for each AZEK share, bringing the total per share value to $56.88 per share, representin...
>>> Read more: Australia's James Hardie to acquire US-based AZEK in $8.8 billion deal
