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NASDAQ:QXO 16 January 2026 - 19 April 2026

QXO to Buy TopBuild for $17 Billion in Brad Jacobs’ Biggest Building-Products Push Yet

QXO to Buy TopBuild for $17 Billion in Brad Jacobs’ Biggest Building-Products Push Yet

Greenwich, Conn., April 19, 2026, 14:39 EDT QXO announced Sunday it’s buying TopBuild, an insulation and commercial roofing specialist, in a deal valued at roughly $17 billion—cash and stock combined. That marks another big move for billionaire Brad Jacobs as he pushes deeper into building-products distribution. QXO expects the acquisition will boost earnings shortly after closing.
19 April 2026
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  • Shrem InvIT promoter group cuts stake, sells ₹50.66 crore of units on NSE
    June 29, 2026, 11:16 PM EDT. Satish Venture(S) Global LLP, linked to Shrem InvIT's promoter group, offloaded 45 lakh units on the NSE last week, booking ₹50.66 crore. Shrem Infra Investment Manager said the sales took place on June 25 and June 29 through on-market deals. The stake dropped to 3.97%, down from 4.71%, with Satish Venture holding 2.43 crore units after the selloff. Sale figures don't include taxes and brokerage. The disclosures come as per SEBI insider trading rules.
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