March 24 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 0930 GMT on Monday:

** Fibre-cement maker James Hardie Industries ( JHX ) said

it will buy U.S. artificial decking maker AZEK ( AZEK ) for

$8.75 billion, sending its shares tumbling amid analysts'

concerns of overpaying for exposure to a sputtering U.S. housing

market.

** Australian miner Gold Road Resources ( ELKMF ) has

rejected a A$3.3 billion ($2.07 billion) buyout offer from South

African peer Gold Fields, the companies said.

** Indian automaker Mahindra & Mahindra is in

talks to buy Japan's Sumitomo Corp's ( SSUMF ) entire 44% stake

in heavy vehicle-maker SML Isuzu, CNBC Awaaz reported,

citing sources.

(Compiled by Rajarshi Roy and Padmanabhan Ananthan in

Bengaluru)