After the asbestos scandal, building materials giant James Hardie is in hot water again, this time with shareholders who have been frozen out of a controversial takeover of US rival Azek.

James Hardie shares have lost $3bn and counting since it announced its “friendly” purchase of US rival Azek almost three weeks ago, at a 37 per cent premium to the target’s pre-offer price.

When self-described “ocean custodian” Boyan Slat took the stage at TED 2025 in Vancouver this week, he showed viewers a reality many of us are already heartbreakingly familiar with: There is a lot of ...

Under the terms of the proposed transaction, AZEK shareholders will receive $26.45 in cash and 1.0340 ordinary shares of James Hardie for each share of AZEK common stock they own.