QXO Is Raising Another $1.8 Billion for Its M&A War Chest

Core Viewpoint - QXO is positioning itself for potential acquisitions by raising $1.8 billion in financing, following a recent $1.2 billion investment in its convertible preferred stock [1] Group 1: Financing and Investment - QXO announced it is raising an additional $1.8 billion for possible takeover offers [1] - The recent financing round was led by Apollo Global Management and Temasek, the sovereign wealth fund of Singapore [1] - This follows a $1.2 billion investment in QXO's convertible preferred stock led by Apollo Global Management [1]