Apollo Backs QXO's $1B Acquisition Spree
Update: 2026-01-05
Description
Apollo Global Management and other investors are backing QXO Inc.s aggressive acquisition plans with a billion-dollar investment. The cash will fuel QXOs growth, led by billionaire dealmaker Brad Jacobs. The investment comes with conditions, including acquiring at least one company by mid-July. Shares surged on the news, reflecting investor excitement for Jacobs vision to consolidate the fragmented industry. Checkout Solipillow.com
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