James Hardie's shareholders have asked the Federal Government to intervene in the decision of the ShareMarket operator and give a waiver that prevented investors in the building material group from voting on their $ 14 billion fusion with AZEK based in the USA.
James Hardie's board of directors and management controversially applied for a waiver of the Australian Securities Exchange so that the business is not subject to a shareholder vote. But the AZEK shareholders will vote on the deal announced on March 24th.
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