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Articles from QXO, Inc

QXO Announces Upsize and Pricing of Senior Secured Notes by Queen MergerCo, Inc.
QXO, Inc. (NYSE: QXO) (“QXO” or the “Company”) announced today that its subsidiary, Queen MergerCo, Inc. (“Merger Sub”), has priced a $2.25 billion offering (the “Offering”) of 6.75% Senior Secured Notes due 2032 (the “Notes”) at par. The Offering was increased from the previously announced $2 billion. Merger Sub was created as part of QXO’s planned acquisition of Beacon Roofing Supply, Inc. (“Beacon”), under the merger agreement dated March 20, 2025 (the “Merger Agreement”). The Offering is expected to close on April 29, 2025, subject to market and other conditions.
By QXO, Inc · Via Business Wire · April 23, 2025
QXO Announces Offering of Senior Secured Notes by Queen MergerCo, Inc.
QXO, Inc. (NYSE: QXO) (“QXO” or the “Company”) announced today that its wholly owned subsidiary, Queen MergerCo, Inc. (“Merger Sub”), intends to offer $2 billion in Senior Secured Notes due 2032 (the “Notes”), subject to market and other conditions. Merger Sub was formed in connection with QXO’s previously announced acquisition of Beacon Roofing Supply, Inc. (“Beacon”) under the Agreement and Plan of Merger dated March 20, 2025 (the “Merger Agreement”).
By QXO, Inc · Via Business Wire · April 21, 2025
QXO Extends Tender Offer to Acquire Beacon Roofing Supply
QXO, Inc. (NYSE: QXO) announced today that it is extending its all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply, Inc. (Nasdaq: BECN) for $124.35 per share.
By QXO, Inc · Via Business Wire · April 21, 2025
QXO Announces Pricing of Common Stock Offering
QXO, Inc. (NYSE: QXO) (the “Company” or “QXO”) today announced the pricing of its previously announced public offering of 37,735,850 shares of its common stock (the "Offering") at a price to public of $13.25 per share. The Offering is expected to close on April 21, 2025, subject to customary closing conditions.
By QXO, Inc · Via Business Wire · April 16, 2025
QXO Announces Common Stock Offering
QXO, Inc. (NYSE: QXO) (the “Company” or “QXO”) today announced it intends to make an offering of $500 million of shares of its common stock (the “Offering”). QXO’s common stock is listed on the New York Stock Exchange under the symbol “QXO.”
By QXO, Inc · Via Business Wire · April 16, 2025
QXO Appoints Val Liborski as Chief Technology Officer
QXO Inc. (NYSE: QXO) today announced the appointment of global tech veteran Val Liborski as chief technology officer, effective April 21, 2025.
By QXO, Inc · Via Business Wire · April 16, 2025
QXO Extends Tender Offer to Acquire Beacon Roofing Supply
QXO, Inc. (NYSE: QXO) announced today that it is extending its all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply, Inc. (Nasdaq: BECN) for $124.35 per share.
By QXO, Inc · Via Business Wire · April 14, 2025
QXO Extends and Amends Tender Offer to Acquire Beacon Roofing Supply
QXO, Inc. (NYSE: QXO) announced today that it is extending its all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply, Inc. (Nasdaq: BECN) and amending the terms of its pending tender offer to reflect the terms of the previously announced definitive merger agreement between Beacon and QXO, including to increase the offer price to $124.35 per share in cash and reflect such other changes as contemplated by the merger agreement.
By QXO, Inc · Via Business Wire · April 1, 2025
QXO Extends Tender Offer to Acquire Beacon Roofing Supply
QXO, Inc. (NYSE: QXO) announced today that it is extending its all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply, Inc. (Nasdaq: BECN) for $124.25 per share.
By QXO, Inc · Via Business Wire · March 20, 2025
QXO to Acquire Beacon Roofing Supply for $11 Billion
QXO, Inc. (NYSE: QXO) and Beacon Roofing Supply, Inc. (Nasdaq: BECN) today announced that they have entered into a definitive merger agreement under which QXO will acquire Beacon for $124.35 per share in cash. Beacon is a leading distributor of roofing, waterproofing and exterior products, with nearly 600 branches across the U.S. and Canada.
By QXO, Inc · Via Business Wire · March 20, 2025
QXO Extends Tender Offer to Acquire Beacon Roofing Supply
QXO, Inc. (NYSE: QXO) announced today that it is extending its all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply, Inc. (Nasdaq: BECN) for $124.25 per share.
By QXO, Inc · Via Business Wire · March 19, 2025
QXO Raises $830 Million in Private Placement
QXO, Inc. (NYSE: QXO) (the “Company” or “QXO”) today announced that it has entered into purchase agreements with certain institutional investors for an $830 million private placement financing (the “Private Placement”). The closing of the Private Placement is contingent upon the concurrent consummation of the Company’s outstanding all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply, Inc. (Nasdaq: BECN).
By QXO, Inc · Via Business Wire · March 17, 2025
QXO Extends Tender Offer to Acquire Beacon Roofing Supply
QXO, Inc. (NYSE: QXO) announced today that it is extending its all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply, Inc. (Nasdaq: BECN) for $124.25 per share.
By QXO, Inc · Via Business Wire · March 17, 2025
QXO Extends Tender Offer to Acquire Beacon Roofing Supply
QXO, Inc. (NYSE: QXO) announced today that it is extending its all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply, Inc. (Nasdaq: BECN) for $124.25 per share.
By QXO, Inc · Via Business Wire · March 11, 2025
QXO and Beacon Confirm Discussions Regarding Potential Transaction
QXO, Inc. (NYSE: QXO) and Beacon Roofing Supply, Inc. (Nasdaq: BECN) confirmed today that they are in discussions about a potential combination in which QXO would acquire Beacon for $124.35 per share in cash, or total consideration of approximately $11 billion.
By QXO, Inc · Via Business Wire · March 10, 2025
QXO Reports Fourth Quarter 2024 Results
QXO, Inc. (NYSE: QXO) today announced its financial results for the fourth quarter 2024. The company reported a loss of $(0.02) per basic and diluted shares attributable to common shareholders.
By QXO, Inc · Via Business Wire · March 4, 2025
QXO Extends Tender Offer to Acquire Beacon Roofing Supply
QXO, Inc. (NYSE: QXO) announced today that it is extending its all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply, Inc. (Nasdaq: BECN) for $124.25 per share.
By QXO, Inc · Via Business Wire · March 4, 2025
QXO Extends Tender Offer to Acquire Beacon Roofing Supply
QXO, Inc. (NYSE: QXO) announced today it is extending its all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply, Inc. (Nasdaq: BECN) for $124.25 per share.
By QXO, Inc · Via Business Wire · February 25, 2025