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BUSINESS
February 20, 2007 | From Bloomberg News
James Hardie Industries Chairwoman Meredith Hellicar and two other directors at the building materials maker quit after Australia's securities regulator sued them, saying they misled investors over the cost of compensating people sickened by asbestos. Hellicar, Michael Brown and Michael Gilfillan of San Francisco are among nine current and former officials of the Sydney, Australia-based business facing bans from running a public company and fines of more than $160,000 each.
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BUSINESS
February 20, 2007 | From Bloomberg News
James Hardie Industries Chairwoman Meredith Hellicar and two other directors at the building materials maker quit after Australia's securities regulator sued them, saying they misled investors over the cost of compensating people sickened by asbestos. Hellicar, Michael Brown and Michael Gilfillan of San Francisco are among nine current and former officials of the Sydney, Australia-based business facing bans from running a public company and fines of more than $160,000 each.
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BUSINESS
November 26, 1985
The Los Angeles-based distributor of printing papers and industrial packaging products said it agreed in principle to be acquired by a unit of James Hardie Industries Ltd., an Australian-based conglomerate, in a deal worth about $5 per share, or $22 million. The transaction is subject to the execution of definitive agreements and approval by the board and shareholders of Nolex.
BUSINESS
December 4, 1996
Toro Co. said Tuesday that it has completed its acquisition of the irrigation-equipment unit of James Hardie Industries Ltd. in Laguna Niguel, but the transaction is taking a toll on earnings. Bloomington, Minn.-based Toro said its acquisition of James Hardie Irrigation Group will reduce fiscal 1997 earnings per share by 5% to 7%, or as much as 22 cents a share below analysts' average estimate. Analysts had expected the maker of consumer and commercial lawn care equipment to earn about $3.
ENTERTAINMENT
July 2, 1998 | JOHN O'DELL, TIMES STAFF WRITER
Australian construction materials giant James Hardie Industries Ltd. said Wednesday it will form a new global operating company and move it to Orange County later this year in a major corporate reorganization and recapitalization. Hardie also said it will seek a New York Stock Exchange listing for shares of the new operating company, to be called James Hardie NV. Hardie Industries, which has had a U.S.
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