(Reuters) -Building-products distributor QXO signed a deal for Beacon Roofing Supply, valuing Beacon at roughly $7.7 billion, or $11 billion including debt, the Wall Street Journal reported on ...

The deal caps a months-long takeover saga and gives QXO, a new entrant in the building products distribution industry, a solid advantage with Beacon's expansive network of branches across the U.S ...

QXO signed a deal for Beacon last month following months of trying to clinch an agreement, executives told The Wall Street Journal. Under the deal, the company has agreed to pay $124.35 a share for ...

Just before QXO announced its desire to acquire Beacon, the stock price of the building products supplier was trading near $102. Beacon reported net sales of $9.8 billion for calendar year 2024.

Even as new housing construction stalls, QXO announced plans to acquire Beacon Roofing Supply in a reverse triangular merger valued at $11 billion. QXO provides technology to manufacturing, ...

Beacon Roofing Supply, Inc. engages in the distribution of residential and non-residential roofing materials. It also distributes complementary building products including siding, windows ...

Brad Jacobs’ QXO Inc (NYSE:QXO) landed its first big fish on Thursday. After several months of back-and-forth, the shell-like QXO announced a definitive agreement to acquire Beacon Roofing Supply ...

"Acquiring Beacon is a key milestone in our plan to create substantial shareholder value and establish QXO as a leader in the $800 billion building products distribution industry." The boards of ...

Building-products distributor QXO has signed a deal for Beacon Roofing Supply after months of trying to clinch an agreement, executives told The Wall Street Journal. QXO has agreed to pay $124.35 ...

Building-products distributor QXO QXO-7.78%decrease; red down pointing triangle has signed a deal for Beacon Roofing Supply BECN 0.62%increase; green up pointing triangle after months of trying to ...