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

, Reuters -  9:52 PM ET 3/19/2025 default

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March 19 (Reuters) - Building-products distributor QXO signed a deal for Beacon Roofing Supply ( BECN ), 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)

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