Jacobs’ QXO Boosts Financing Deal to $3 Billion to Pursue M&A

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Jacobs' QXO is increasing its financing deal to $3 billion with the addition of $1.8 billion from investors, including Temasek Holdings, to support its acquisition strategy.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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QXO Inc. is raising another $1.8 billion from investors including Temasek Holdings Pte. to support its acquisition strategy, according to people familiar with the matter, well more than doubling the $1.2 billion financing deal it announced last week with Apollo Global Management Inc.

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Original article published by Bloomberg on January 12, 2026.
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