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

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