Qxo raises $830 million in private placement

Greenwich, conn.--(business wire)--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). in the private placement, qx.
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