Beacon Roofing Supply, Inc. is the target of the acquisition proposal made by QXO, Inc. It is listed on the Nasdaq under the symbol BECN. QXO's proposal implies a 37% premium above Beacon’s 90-day unaffected volume-weighted average price of $91.02 per share, with a total transaction value of approximately $11 billion.

Beacon Roofing Supply

QXO plans to create a tech-forward industry leader in the building products distribution industry through accretive M&A and organic growth, including greenfield openings, with the goal of generating outsized stockholder value.

https://www.qxo.com/

New York

QXO has announced its intention to acquire Beacon Roofing Supply. The acquisition is being financed through a $500 million stock offering. This strategic move is set to close by the end of the month. The offering aims to bolster QXO's growth in the roofing supply sector.

QXO to acquire Beacon Roofing Supply soon

QXO to acquire Beacon Roofing Supply soon

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