qxo gms - Search News

News

GMS, Home Depot and QXO

Home Depot Subsidiary to Acquire GMS for $5.5 Billion, Outbidding Rival QXO

Home Depot’s trade distribution subsidiary SRS Distribution has reached an agreement to buy building-products distributor GMS for $110 a share in a deal totaling $5.5 billion, the companies announced Monday.

Yahoo Finance · 2d

QXO turns attention elsewhere as Home Depot nabs GMS - source

Home Depot’s agreement to acquire building products distributor GMS, Inc. for $110 per share in cash has prompted Brad Jacobs-led QXO Inc. (NYSE:QXO) to shift its focus to other targets, according to a person familiar with the matter.

Reuters on MSN · 2d

Home Depot targets contractors, rivals with $4.3 billion deal for GMS

Home Depot said on Monday unit SRS Distribution has agreed to acquire specialty building products distributor GMS for about $4.3 billion, stepping up its efforts to capture more demand from professional contractors.

10d

GMS: Will QXO's Bid Unlock Its Potential? (Rating Upgrade)

In FY2025, despite steady revenues, GMS's cash flow from operations (or CFO) declined by 11% compared to a year ago. Free ...

12don MSN

Billionaire Brad Jacobs' QXO offers $5 billion for GMS, threatens to go hostile

Billionaire Brad Jacobs' new building-products distributor QXO made an offer on Wednesday to acquire GMS for about $5 billion ...

2don MSN

Home Depot heads deeper into the building supply business with GMS acquisition

Home Depot is buying specialty building products distributor GMS for $4.3 billion, emphasizing a deliberate push by the home ...

12d

GMS Is The Right Fit For QXO's Long-Term Goal

QXO Inc.'s aggressive M&A strategy aims to consolidate the construction industry and leverage AI for operational advantages.

The Motley Fool2d

Why GMS Stock Is Soaring Today - The Motley Fool

GMS was an under-the-radar construction products distributor until last week, when the company received an unsolicited offer from QXO valuing GMS at $95.20 per share.

StockStory.org on MSN2d

GMS (GMS) Shares Skyrocket, What You Need To Know

Shares of building materials distributor GMS (NYSE:GMS) jumped 11.7% in the afternoon session after the company announced it ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results