QXO, Inc. (QXO) launched a hostile tender offer on January 27, 2025, directly to the shareholders of Beacon Roofing Supply, Inc. (BECN), offering to acquire the company for $11 billion.
Under the terms of the agreement, QXO will commence a tender offer to acquire all outstanding shares of Beacon for $124.25 per share, representing a 4.92% premium from the stock’s last close.