BRIEF-QXO To Acquire Beacon Roofing Supply For $11 Billion

Reuters
20 Mar
BRIEF-QXO To Acquire <a href="https://laohu8.com/S/BECN">Beacon Roofing Supply</a> For $11 Billion

March 20 (Reuters) - Beacon Roofing Supply Inc BECN.O:

  • QXO TO ACQUIRE BEACON ROOFING SUPPLY FOR $11 BILLION

  • QXO INC - TO ACQUIRE BEACON ROOFING SUPPLY FOR $124.35 PER SHARE IN CASH

  • QXO INC - TRANSACTION VALUES BEACON AT APPROXIMATELY $11 BILLION INCLUDING DEBT

  • QXO INC - TRANSACTION EXPECTED TO CLOSE BY END OF APRIL

  • QXO INC - SECURES $5 BILLION IN CASH AND FINANCING COMMITMENTS

  • QXO INC - ACQUISITION RECEIVES ANTITRUST CLEARANCE IN U.S. AND CANADA

  • QXO INC: ENTERED INTO PURCHASE AGREEMENTS WITH CERTAIN INSTITUTIONAL INVESTORS FOR AN $830 MILLION PRIVATE PLACEMENT FINANCING

  • QXO INC: QXO HAS WITHDRAWN NOMINATION OF 10 INDEPENDENT DIRECTOR NOMINEES FOR ELECTION AT BEACON'S 2025 AGM

Source text: ID:nBw8LZJp7a

Further company coverage: BECN.O

((Reuters.Briefs@thomsonreuters.com))

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