Deals

Beacon Roofing in Talks With QXO for Potential $11 Billion Deal

The battle for control of Beacon has been ongoing since November.
Photographer: David Paul Morris/Bloomberg

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By Maggie Eastland and David Carnevali

March 10, 2025 at 1:24 PM EDT

Beacon Roofing Supply Inc. is in talks to be bought by QXO Inc. for about $11 billion including debt after rejecting an earlier takeover approach.

The companies said in a joint statement Monday that they are discussing a combination in which QXO would acquire Beacon for $124.35 a share — 10 cents higher than the price Beacon rejected as undervaluing it.