Australian building products firm James Hardie Industries has become a pariah across the Tasman with its US$14 billion merger with US firm Azek triggering a backlash among investors.
The ASX-listed shares have shed about 16%, erasing some A$3.13 billion of value, since James Hardie announced the deal in March, where it would pay US$8.75 billion in cash and shares to buy the American decking and r...
