QXO, led by billionaire entrepreneur Brad Jacobs, could be inching toward another acquisition as it seeks to roll up the highly fragmented building supplies business. But investors don't appear pleased with how it is building up its M&A war chest. ...

Building-supplies company QXO could be moving closer to making another big acquisition. The firm, led by serial entrepreneur Brad Jacobs, announced Monday that it is raising an additional $1.8 billion in financing for possible takeover offers. That comes on the heels of a $1.2 billion investment in QXO's convertible preferred stock led by Apollo Global Management last week. The new round was led by Apollo and Temasek, the sovereign wealth fund of Singapore. ...

For as much as Sika ( SXYAY ) ( SKFOF ) (SIKA.SW) management tries to push the case that the company’s labor- and resource-saving building materials make them a differentiated player in light-side building supplies, the reality isAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for ...

Building-supplies company QXO, led by serial acquirer Brad Jacobs, landed a major investment to help fund future deals. ...