Bloomberg Podcasts
@bloombergpodcasts·503K subscribers·32.4K videos
Jersey Mike's IPO Filing; Honeywell to Divest | Stock Movers
Posted
April 20, 2026
Views
428
Likes
6
Engagement
1.40%
April 20, 2026
428
6
1.40%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
4:16Now PlayingOn this episode of Stock Movers with John Tucker:
- Jersey Mike’s Subs, the sandwich chain with more than 3,000 locations, submitted a confidential filing with the US Securities and Exchange Commission for its initial public offering. The Blackstone Inc.-backed (BX) company said in a statement that the number of shares to be offered and the price range for the proposed offering have not yet been determined. Jersey Mike’s is seeking a valuation of at least $12 billion, people familiar said at the time.
- Honeywell International Inc. (HON) agreed to divest its productivity solutions and services business to industrial manufacturer Brady Corp., the latest move by Honeywell to reshape its portfolio as it pursues a multipart breakup. Brady will pay $1.4 billion in cash for the business, according to a statement Monday that confirmed an earlier report by Bloomberg News. The deal is expected to be completed in the second half of this year.
- QXO Inc. (QXO) said it’s acquiring insulation company TopBuild Corp. (BLD) for about $17 billion, making QXO the second-largest publicly traded building products distributor in North America. QXO’s offer values TopBuild at $505 per share, a 23% premium to the stock’s closing price of $410.31 on Friday. The transaction, which is expected to close in the third quarter of 2026, would follow QXO’s acquisitions of Beacon Roofing Supply Inc. in 2025 and Kodiak Building Partners this year.
--------
Watch Bloomberg Radio LIVE on YouTube
Weekdays 7am-6pm ET
Follow us on X
Subscribe to our Podcasts:
Bloomberg Daybreak
Bloomberg Surveillance
Bloomberg Intelligence
Balance of Power
Bloomberg Businessweek
Listen on Apple CarPlay and Android Auto with the Bloomberg Business app:
Apple CarPlay
Android Auto
Visit our YouTube channels:
Bloomberg Podcasts
Bloomberg Television
Bloomberg Originals
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
