News

Billionaire Brad Jacobs' new building-products distributor QXO made an offer on Wednesday to acquire GMS for about $5 billion ...
QXO Inc. is seeking to raise $2 billion in a share sale, as the building products distributor led by billionaire Brad Jacobs ...
Billionaire Brad Jacobs QXO Inc. has made a $5 billion all-cash offer to acquire GMS Inc. (NYSE:GMS), signaling it may pursue ...
Building a Giant Amid Market Headwinds Brad Jacobs is a business alchemist, transforming modest ventures into industry giants ...
QXO Inc.'s aggressive M&A strategy aims to consolidate the construction industry and leverage AI for operational advantages.
This is Jacobs's second hostile takeover threat in the building sector this year and part of his plan to turn QXO into a $50 billion revenue building-products distributor within a decade. This is ...
Reuters. FILE PHOTO: Brad Jacobs, Chairman and CEO of QXO speaks about Beacon Roofing Supply during an interview with CNBC on the floor at the New York Stock Exchange in New York City, U.S., March ...
GXO Logistics (NYSE: GXO) shareholders have had to be patient in the years since the company was spun off from XPO in 2021.
Patrick Kelleher will start as the Greenwich -headquartered company’s new chief executive on Aug. 19. Kelleher, 56, has ...
Jacobs The offer comes as QXO is proposing to buy Tucker, Ga.-based GMS for $95.20 per share in cash, according to a statement June 18. GMS confirmed it received the unsolicited proposal from QXO ...
Alberta-Jacobs lead Ben Hebert, from left to right, skip Brad Jacobs, third Marc Kennedy and second Brett Gallant bump fists between ends while playing Saskatchewan-Kleiter during the Brier, in ...
Home Depot and QXO are both pursuing a potential acquisition of GMS, following QXO’s $5 billion bid, according to the Wall ...