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Building products distributor QXO clinches Beacon Roofing in $11 billion deal, WSJ reports

By Thomson Reuters Mar 19, 2025 | 8:58 PM

(Reuters) – Building-products distributor QXO signed a deal for Beacon Roofing Supply, valuing Beacon at roughly $7.7 billion, or $11 billion including debt, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

(Reporting by Devika Nair in Bengaluru; Editing by Rashmi Aich)