QXO (QXO) said Tuesday it has completed the acquisition of Beacon Roofing Supply (BECN) at a price of $124.35 per share, bringing the total deal value to around $11 billion.
QXO said it completed its tender offer for Beacon Roofing Supply by acquiring over 72% of shares and finalized the acquisition through a second-step merger, with all remaining shareholders to receive $124.35 per share in cash.
With completion of the acquisition, QXO has also finalized its earlier announced $830 million private equity placement, the company said. Beacon is now a wholly owned subsidary of QXO, and its shares ceased trading on the Nasdaq Global Select Market before the market's open Tuesday.
Shares of QXO were down nearly 1.3% in recent Tuesday trading.
Price: 13.25, Change: -0.17, Percent Change: -1.27
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。