27-04-2025
ASX to Review Listing, Waiver Rules After James Hardie Deal
The Australian Stock Exchange will review requirements for shareholder approvals in mergers and acquisitions, following James Hardie Industries Plc 's A$14 billion ($9 billion) deal in March to take over AZEK Co.
In a statement on Sunday, the ASX said Australian institutional investors had voiced concerns about current shareholder approval requirements and that the exchange would update an analysis from 2017.
