James hardie completes acquisition of azek to become a leading provider of exterior home and outdoor living solutions

Sydney & chicago--(business wire)--today, james hardie industries plc (nyse / asx: jhx) (“james hardie” or the “company”), a leader in high-performance, low-maintenance building product solutions, successfully completed its previously announced acquisition of the azek® company (“azek”) in a cash-and-stock transaction for $26.45 in cash and 1.0340 ordinary shares of james hardie for each share of azek common stock held for a total of $54.18 per share, based on the closing stock price of au$40.77.
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