AZEK Company Inc - Ordinary Shares - Class A Stock News

Shares in fiber cement siding company James Hardie Industries (JHX 2.56%) declined by 15.8% in the week to Friday morning. There's no doubt why the move occurred; the announcement of an agreement to combine with outdoor decking company Azek (AZEK 1.93%) on Monday sent the shares sharply lower.

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of AZEK Company Inc. (NYSE: AZEK) to James Hardie Industries plc (NYSE: JHX). Under the terms of the proposed transaction, shareholders of AZEK will receive $26.45 in cash and 1.0340 ordinary shares of Jam...

NEW YORK , March 24, 2025 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by The AZEK Company Inc. (NYSE: AZEK) and its board of directors concerning the proposed acquisition of the company by James Hardie Industries plc (NYSE: JHX). Stockholders will receive $26.45 and 1.0340 shares of James Hardie common stock for each share of The AZEK Company stock that ...

Hopes that the US will avoid a full-scale trade war lifted stocks on Monday, following reports that President Donald Trump may postpone some of his planned tariffs. As of writing, the S&P 500 had gained 1.7%, the Dow Jones Industrial Average was up 1.4%, and the Nasdaq Composite surged 2.2%.

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.

Shares of Azek surged 13.5% on Monday after the US artificial decking maker agreed to be acquired by Australia's James Hardie Industries in an $8.75 billion deal. The combined firm will trade on the NYSE, with James Hardie financing the cash portion through debt.

Construction materials manufacturer Azek (AZEK 13.10%) is in an agreement to be acquired, and investors are excited about the premium being paid.

SAN DIEGO, March 24, 2025 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, PLLP has launched an investigation into whether the board members of The AZEK Company Inc. (NYSE: AZEK) breached their fiduciary duties in connection with the proposed sale of the Company to James Hardie Industries plc.