Your advisor, J.P. Morgan, rightly indicated to our bankers that Beacon does not question our ability to finance the acquisition. As QXO does not currently have operations in roofing, the ...

Greenwich-based QXO, a publicly traded company in the building products distribution industry launched in June 2024 by ...

QXO said it had obtained funding to pay relevant transaction expenses, restructure Beacon's debt, and cover the acquisition price ... stock performance of Beacon Roofing Supply and QXO's offer ...

Beacon Roofing Supply (BECN ... s substantial cash reserves and ability to secure additional financing, the acquisition seems probable, which positively influences the stock’s outlook.

Beacon Roofing Supply Inc. has officially rejected ... QXO has been on the lookout for a sizable acquisition. Last year, it made a 7.6 billion-euro ($7.9 billion) offer to acquire Rexel SA ...

Shares of Beacon Roofing Supply surged to an all-time high after rejecting an acquisition offer from building-products distribution company QXO. The stock was trading 8.9% higher, at $118.53 ...

Beacon Roofing ... in seamless metal-gutter fabrication and delivery. Fairway Wholesale Distribution has supported lumberyard customers for nearly 50 years. These acquisitions add experienced ...

Beacon Roofing Supply rejected an unsolicited takeover ... dollar companies in logistics and other sectors through acquisitions. Write to Denny Jacob at [email protected] About Dow Jones ...

The stock performance of Beacon Roofing Supply and QXO's offer have attracted notice as QXO aims to penetrate the $800 billion construction goods distribution sector. According to QXO, the purchase ...