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Hot Topic Local elections
Shoeshine
6 mins to read

Shareholder revolt on James Hardie deal shakes confidence in ASX

ANALYSIS: Investors are already frustrated by the delays on the new clearing system, and are now challenging the ASX on governance.

WATCH: NBR senior journalist Lachlan Colquhoun speaks with Simon Shepherd.

Lachlan Colquhoun Mon, 12 May 2025

When ASX-listed building materials company James Hardie announced a A$14 billion ($15.2b) deal to acquire US company Azek, chief executive Aaron Erter said it was an “extraordinary opportunity to accelerate our growth strategy”.

Erter said the cash and stock deal, announced in March, would

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Lachlan Colquhoun Mon, 12 May 2025
Contact the Writer: lachlan@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Company profile
Powered by: asx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Related News
Australia

Top regulators continue pressure on ASX over settlement failures
Investment

James Hardie expands in US with A$14b deal
Underarm

ASX leaders and their cosy relationship with Government
Investment

ASX chair Roche falls on his sword over Chess fiasco
Australia
1

ASX announces replacement for ageing Chess system
Shareholder revolt on James Hardie deal shakes confidence in ASX
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