QXO chairman and CEO Brad Jacobs. — Bloomberg
NEW YORK: QXO Inc is seeking to raise US$2bil in a share sale, as the building products distributor, led by billionaire Brad Jacobs, pursues a takeover.
The Greenwich, Connecticut-based firm is marketing the shares for US$22.25 to US$23.25 each in an overnight share sale, according to people familiar with the matter, who asked not to be identified as the information isn’t public.
