CHICAGO, Feb. 25, 2025 /PRNewswire/ -- James Hardie Building Products Inc. (James Hardie), a subsidiary of James Hardie Industries plc (ASX: JHX; NYSE: JHX) and the #1 brand of siding in North ...

After the asbestos scandal, building materials giant James Hardie is in hot water again, this time with shareholders who have been frozen out of a controversial takeover of US rival Azek.

Highlights,James Hardie shares have retraced sharply amid trade concerns and a major US acquisition,The company announced plans to acquire Azek, a US manufacturer of decking and exterior ...

James Hardie shares have lost $3bn and counting since it announced its “friendly” purchase of US rival Azek almost three weeks ago, at a 37 per cent premium to the target’s pre-offer price.

Highlights:,James Hardie Industries entered into a major acquisition agreement involving US-based company AZEK.,The deal triggered a notable reaction in the financial markets, including increased ...