Building products distributor QXO launching hostile bid for Beacon, WSJ reports

Adds details from the WSJ report and background in paragraph 3 onwards

Jan 26 (Reuters) - Building products distributor QXO QXO.N is preparing to take its all-cash offer to acquire Beacon Roofing Supply BECN.O directly to shareholders after being rejected on several occasions, the Wall Street Journal reported on Sunday.

QXO is planning to launch a hostile bid as soon as Monday, offering to buy all shares outstanding of Beacon for $124.25 per share, the same price it previously proposed, the report said, citing people familiar with the matter.

The deal would value Beacon at $7.7 billion - roughly $11 billion including debt, according to the report.

QXO and Beacon Roofing Supply did not immediately respond to Reuters' request for comments.

QXO, which counts President Donald Trump's son-in-law Jared Kushner as a board member, is looking to enter the massive but fragmented building products distribution industry.

Beacon, with a market value of $7.33 billion, is the largest publicly traded distributor of roofing materials and complementary building products in the U.S. and Canada, according to its website.