James Hardie to Boost Market Expansion With the Acquisition of AZEK

James Hardie Industries plc (JHX) has entered into a definitive agreement with The AZEK Company Inc. (AZEK) to acquire it for a total transaction value of $8.75 billion, including the latter’s net debt of approximately$386 million as of Dec. 31, 2024. The transaction will be executed through a combination of cash and James Hardie shares.Terms of JHX’s Agreement With AZEKPer the agreement, AZEK’s shareholders will receive $26.45 in cash along with 1.0340 ordinary shares of James Hardie, which are to be list ...