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QXO, Inc. is negotiating to buy Beacon Roofing Supply for about $11 billion, a deal still in talks.
QXO, Inc. is in talks to acquire Beacon Roofing Supply, Inc. for $124.35 per share, totaling around $11 billion.
Beacon, founded in 1928, distributes roofing materials and operates over 580 branches across the U.S. and Canada.
QXO is currently conducting due diligence, and both companies are negotiating a definitive agreement, though no deal is assured.
Beacon's shares rose 8.9% before market open on Nasdaq.
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QXO, Inc. está negociando para comprar Beacon Roofing Supply por cerca de $11 mil millones, un acuerdo que aún está en negociaciones.