News

Billionaire Brad Jacobs' new building-products distributor QXO made an offer on Wednesday to acquire GMS for about $5 billion ...
A subsidiary of Home Depot’s SRS Distribution Inc., the supply company it bought last year, will start a cash tender offer to ...
Shares of building materials distributor GMS (NYSE:GMS) jumped 11.7% in the afternoon session after the company announced it ...
In FY2025, despite steady revenues, GMS's cash flow from operations (or CFO) declined by 11% compared to a year ago. Free ...
Retailer’s offer slows effort by billionaire Brad Jacobs to create construction materials empire through QXO venture ...
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 ...
Home Depot bought SRS Distribution — the subsidiary that’s acquiring GMS — last year for $18.25 billion, in the largest ...
Home Depot has won a bidding war for GMS, striking a deal to buy the building-products distributor for $4.3 billion, or $5.5 ...
QXO Inc.'s aggressive M&A strategy aims to consolidate the construction industry and leverage AI for operational advantages.
Home Depot will buy building-products distributor GMS for about $4.3 billion, winning a bidding war over roofing-products distributor QXO. Including debt, the transaction is valued at about $5.5 ...