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Why Will AZEK Stockholders Own 26% After James Hardie’s $7.8B Acquisition?
8:44am on Tuesday 6th of May, 2025 AEST
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Why Will AZEK Stockholders Own 26% After James Hardie’s $7.8B Acquisition?
8:44am on Tuesday 6th of May, 2025 AEST
Key Points
Definitive merger agreement between James Hardie and AZEK
Merger consideration: $26.45 cash plus 1.0340 James Hardie shares per AZEK share
AZEK stockholders to own ~26% of combined company post-merger
Merger expected to close in second half of 2025, subject to approvals
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James Hardie Industries (ASX:JHX)
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