Core Viewpoint - Rowley Law PLLC is investigating potential securities law violations related to the proposed acquisition of The AZEK Company Inc. by James Hardie Industries plc, which is valued at approximately $8.75 billion [1] Group 1: Acquisition Details - The proposed acquisition involves stockholders of The AZEK Company receiving $26.45 and 1.0340 shares of James Hardie common stock for each share of The AZEK Company stock they hold [1] - The transaction is expected to close in the second half of 2025 [1] Group 2: Legal Investigation - Rowley Law PLLC is representing shareholders in the investigation concerning the acquisition [1] - Additional information regarding the investigation can be obtained by contacting Rowley Law PLLC [2]

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 ...

MONSEY, N.Y., March 24, 2025 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of The AZEK Company, Inc. (NYSE: AZEK) (“AZEK”) to James Hardie Industries (“James Hardie”) for $26.45 in cash and 1.0340 ordinary shares of James Hardie to be listed on the New York Stock Exchange (NYSE) for each share of AZEK common stock. According to a press release announcing the deal, the stock and cash consideration represents a total value of $56.88 per share, based ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Construction materials manufacturer Azek (AZEK 12.93%) is in an agreement to be acquired, and investors are excited about the premium being paid.Shares of Azek were up 16% as of 10 a.m. ET after the company agreed to be acquired by Australia's James Hardie Industries (JHX -18.85%) for $8.75 billion, including debt.Combining two like-minded companiesAzek manufacturers decking made primarily of recycled materials, offering a more eco-friendly and sustainable option for homeowners. Hardie, which is based in Au ...

NEW YORK, March 24, 2025 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating The AZEK Company Inc. (NYSE: AZEK), relating to the proposed merger with James Hardie Industries plc. Under the terms of the agreement, AZEK shareholders will receive $26.45 in cash ...

Outdoor living stock Azek Company Inc (NYSE:AZEK) is headed for its best day ever, up 19.2% to trade at $49.35 at last glance. News that cement manufacturer James Hardie Industries (JHX) will acquire the Chicago-based company in a cash and stock deal worth $8.75 billion is giving the shares a hefty boost. JHX is tumbling after the news, however, last seen down 16.5%. Analysts are chiming in, but not necessarily with positive sentiment. Both Baird and Stephens downgraded the stock to "hold," with price targe ...

The Zacks Building Products - Air Conditioner & Heating industry faces headwinds from housing market volatility, economic uncertainty, and shifting regulations, particularly in Europe and China. Higher interest rates and cautious consumer spending could slow renovation and construction activity, impacting demand. Trade policy risks, including potential tariffs on imports and raw materials, may add cost pressures and disrupt supply chains.Nonetheless, industry players like Carrier Global Corporation (CARR) , ...

Investors in The AZEK Company Inc. (AZEK) need to pay close attention to the stock based on moves in the options market lately. That is because the Jun 20, 2025 $25.00 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could ...

The AZEK Company Inc. (AZEK) recently beat on earnings and raised full year guidance. This Zacks Rank #1 (Strong Buy) is expected to grow revenue 8.3% this year.The AZEK Company designs and manufactures low maintenance and environmentally sustainable outdoor living products including TimberTech Decking and Railing, Versatex and AZEK Trim, and StruXure pergolas.Its products are made from up to 85% recycled material and primarily replace wood on the outside of homes.Headquartered in Chicago, it operates manuf ...