James 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 ...

Building materials company James Hardie Industries has agreed to buy AZEK, a maker of home decking, railing and pergolas, in a cash-and-stock deal worth $8.75 billion.

Australian-listed James Hardie said it is buying the Azek Co. for $8.75 billion in cash, stock and assumed debt. That values each Azek share at $56.88, a 26% premium to its volume-weighted average ...

They also both share overlapping customer bases, where James Hardie (leader in fiber-cement siding) and AZEK (leader in composite decking and outdoor products) could make cross-selling an ...

Stephens analyst Trey Grooms downgraded Azek (AZEK) to Equal Weight from Overweight with a $58 price target after James Hardie (JHX) announced ...

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 ...

Azek manufacturers decking made primarily of ... U.S., knows this niche well as the maker of Hardie board fiber cement siding. On Monday, Hardie announced an agreement to acquire Azek for $56. ...

Siding makers are introducing products that improve performance, ease installation and boost energy efficiency while still adding to a home's curb appeal.

Azek shares jumped 19% in premarket trade to ... “The consumer journeys for siding and decking often overlap and both companies have excelled at demand creation for the homeowner and innovative ...