Brad Jacobs' QXO proposes to acquire Beacon Roofing Supply valuing target at $11bn
PRESS RELEASE QXO Proposes to Acquire Beacon Roofing Supply for $124.25 Per Share in Cash Offers Significant ...
PRESS RELEASE
QXO Launches $11 Billion Tender Offer to Acquire Beacon Roofing Supply for
$124.25 Per Share in Cash
Urges Beacon Shareholders to Secure Significant and Immediate Cash Value by Tendering
into QXO’s Offer
GREENWICH, Conn., January 27, 2025 – QXO, Inc. (NYSE: QXO) today announced that it is commencing an all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply, Inc. (Nasdaq: BECN) for $124.25 per share. This price implies a 37% ...
Volcanic disruption at Anchorage could hit transpacific airfreight operations
Macron calls for ‘suspension’ – CMA CGM's $20bn US investment in doubt
De minimis exemption on shipments from China to the US will end in May
Forwarders stay cool as US 'liberation day' tariffs threaten 'global trade war'
Trump tariffs see hundreds of cancelled container bookings a day from Asia
Mixed response in US to 'Liberation Day', while China leads wave of retaliation
Tariffs and de minimis set air freight rates on a volatile course
Comment on this article