QXO raises additional $1.8 billion to fund future acquisitions

Reuters01-12

Jan 12 (Reuters) - QXO QXO.N on Monday said it raised $1.8 billion more in its previously announced $1.2 billion financing led by funds managed by affiliates of Apollo Global Management APO.N, Temasek and certain other investors to pursue acquisition opportunities.

(Reporting by Anshuman Tripathy in Bengaluru; Editing by Tasim Zahid)

((Anshuman.Tripathy@thomsonreuters.com;))

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