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AAP
AAP
Adrian Black

James Hardie shares hammered on $14b US merger deal

Building materials giant James Hardie is merging with a US firm which makes decking and railings. (Dan Himbrechts/AAP PHOTOS)

Two building materials giants are set to merge in a $US8.75 billion deal, but not all shareholders are convinced the price is right.

Global giant James Hardie Industries will merge with US-listed AZEK in a $US8.8 billion ($A13.9 billion) cash and share deal.

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