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QXO to Buy Roofing Firm TopBuild for 17 Billion Dollars

QXO announced on Sunday its plans to acquire commercial roofing firm TopBuild for 17 billion dollars. The deal expands the distributor's construction reach.

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QXO INC, a prominent distributor of construction supplies, announced on Sunday that it has entered into a definitive agreement to acquire TOPBUILD CORP for approximately $17 billion. This significant transaction marks a major expansion for QXO as it targets a larger share of the commercial roofing and insulation market.

Brad Jacobs, Chairman and CEO of QXO, participates in the opening bell ceremony at the New York Stock Exchange in New York City, April 30, 2025. REUTERS/Brendan McDermid
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