Beacon Roofing Supply has agreed to be acquired by QXO for about $11 bln. The board unanimously insisted as recently as two ...

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.

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 ...

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 ...

Beacon, which distributes building products like roofing, siding and waterproofing materials, is postponing its investor day event, which had been scheduled for Thursday. The two companies cautioned ...

Australian building products company James Hardie Industries is buying the US outdoor products maker AZEK in a cash-and-stock ...

The boards of directors of both companies have unanimously approved the transaction, which values Beacon at approximately $11 billion, including all its outstanding debt.

Listen to today's daily briefing above or go here for more info If QXO reaches an agreement with Beacon, it will be the first of many acquisitions in the building products industry, QXO ...

Learn more about whether Beacon Roofing Supply, Inc. or QXO, Inc. is a better investment based on AAII's A+ Investor grades, which compare both companies' key financial metrics.

Beacon Roofing Supply has agreed to an $11 billion buyout offer from billionaire Brad Jacobs' firm QXO, weeks after it rejected a marginally lower bid from the company and raised its defenses to ...

Building-products distributor QXO QXO3.81%increase; green up pointing triangle has signed a deal for Beacon Roofing Supply BECN 0.02%increase; green up pointing triangle after months of trying to ...