Nov 8 (Reuters) - James Hardie Industries Plc (JHX) said on Wednesday that it would buy the German holding company of fiber gypsum board maker Fermacell GmbH from Xella International SA in a transaction valued at 473 million euros ($548 million) in cash.
The fiber cement product maker said the purchase of holding company XI (DL) Holdings GmbH will also include units other than Fermacell.
James Hardie intends to fund the deal with debt and expects it to be accretive in the second full fiscal year after its close. It is expected to close in the fourth quarter of the company's 2018 fiscal year.
($1 = 0.8624 euros)
News: JHX James Hardie Industries to buy Germany's Fermacell
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$43.72 |
Change
0.820(1.91%) |
Mkt cap ! $18.79B | |||
| Open | High | Low | Value | Volume |
| $43.09 | $43.82 | $43.09 | $35.72M | 818.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 250 | $43.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.76 | 47 | 1 |
View Market Depth
| Last trade - 16.10pm 11/08/2025 (20 minute delay) ? |
| JHX (ASX) Chart |