AZEK ratings under review for potential upgrade following James Hardie acquisition - Moody’s
James Hardie announced on March 23, 2025, that it has entered a definitive agreement to acquire AZEK for $8.75 billion. This includes AZEK’s net debt of $386 million. AZEK’s shareholders are set to ...
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James Hardie’s outlook revised to stable by Moody’s after AZEK acquisition
Moody’s has changed James Hardie’s governance profile score to G-3 from G-2 and its credit impact score to CIS-3 from CIS-2. This change reflects the company’s financial policy that includes a ...
ASX rises as tech rallies; James Hardie shares at 21-month low
Shares rise; Trump teases tariff “breaks”; James Hardie sheds further 5pc; Cathie Wood sticks by Tesla; Gold Road soars 15pc; ...
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James Hardie Pursues Growth, At What Cost?
The market has given the Azek acquisition the thumbs down for now, but James Hardie management sees ...
Siding and decking coming together in $8.8 billion cash-and-stock deal
An $8.8 billion deal was struck to combine two companies in the building materials space that stand to profit from home ...