Building materials company James Hardie Industries Plc agreed to buy home-decking provider AZEK Co. in a $8.75 billion cash and stock deal that places a bigger bet on the US housing market.

The deal stands to fundamentally change the $20bn James Hardie. The building materials player has increasingly been narrowing its focus on flagship fibre cladding for the bewilderedly-lightly ...

By Scott Murdoch and Byron Kaye (Reuters) -Fibre-cement maker James Hardie Industries agreed to buy U.S. artificial decking maker AZEK for $8.75 billion including debt, seizing on a downturn in the ...

Wall cladding and plasterboard group James Hardie will acquire outdoor decking and railings company Azek in a $14 billion cash and scrip deal, which chief executive Aaron Erter said would ...

James Hardie’s long-term goal has been to replace the vinyl cladding commonly used on US homes – about 10 million houses in the past 30-plus years – with the fibre cement it sells.

The deal stands to fundamentally change the $20bn James Hardie. The building materials player has increasingly been narrowing its focus on flagship fibre cladding for the bewilderedly-lightly ...