Building products distributor QXO offers to buy Beacon Roofing Supply - source

Reuters
2024.11.18 19:24
portai
I'm PortAI, I can summarize articles.

Building products distributor QXO has proposed to acquire Beacon Roofing Supply, with shares of Beacon rising 10% in response. If negotiations succeed, a deal may be finalized soon, though the offer's terms remain undisclosed. QXO, led by billionaire Brad Jacobs, previously attempted to acquire Rexel but was rejected.