BRIEF-James Hardie Says Co And AZEK To Combine

Reuters
24 Mar
BRIEF-James Hardie Says Co And AZEK To Combine

March 24 (Reuters) - James Hardie JHX.AX:

  • JAMES HARDIE AND AZEK TO COMBINE

  • WILL ACQUIRE AZEK FOR A COMBINATION OF CASH AND JAMES HARDIE SHARES WITH A TOTAL TRANSACTION VALUE OF $8.75 BILLION

  • TOTAL TRANSACTION VALUE OF $8.75 BILLION

  • UNDER AGREEMENT, AZEK SHAREHOLDERS WILL RECEIVE $26.45 IN CASH AND 1.0340 ORDINARY SHARES OF JAMES HARDIE TO BE LISTED ON NYSE

Source text: ID:nASX6g9FBL

Further company coverage: JHX.AX

((Reuters.Briefs@thomsonreuters.com;))

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